3651 County Road 4145
About This Property
With paved county road frontage on CR 4145, the ranch features rolling topography with elevations ranging from approximately 940 to 980 feet, providing multiple excellent homesite locations. A creek runs through the property, enhancing wildlife habitat and recreational appeal. Approximately half of the land is wooded with mature hardwoods, while the remaining acreage is open grazing pasture.
Improvements include good cattle fencing, an existing water well, electric meter in place, and an old wooden barn adding rustic character. The property currently carries an agricultural tax exemption and is leased for cattle. No residence is present, offering a blank canvas for a custom ranch home, recreational retreat, or long-term investment.
Conveniently located with quick access to Cranfills Gap, this versatile tract blends Texas Hill Country beauty, agricultural utility, and historical character.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 21, 2026 | Sold | ||
| Sold | |||
| Jun 2, 2026 | In contract | - | |
| In contract | |||
| Apr 15, 2026 | Price Decreased |
$1,499,902
↓ $190K
(11.2%) | |
| Price Decreased | |||
| Jan 22, 2026 | Listed by Major Real Estate | $1,689,480 | |
| Listed by Major Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017