38550 ILEX TRAIL
About This Property
The sellers are highly motivated and are including a tractor and a 10x24 shed with the purchase of the property.
Tractor details:
• New Holland TC30 (2005)
• 3-cylinder diesel engine, 30 HP
• 4-wheel drive
• 9x3 manual transmission
• 60" brush hog
• 5-ft box blade with scarifiers
• 60" front loader with 1/3-yard capacity
Just a couple additional things:
* 2 Car Carport (20x22)
* Tractor Carport (10x24)
* Utility Shed (13x18)
* Large Room/Patio (14x48)
* Gazebo w/ Deck (12x12)
* Above Ground Pool (18' round)
* Fenced yard
* House siding is wood
* Vaulted ceilings
* Agriculture: Horses, Livestock (cattle, pigs, goats, chickens, etc.)
* Backyard has direct access to the Lower Wekiva State Preserve / Seminole State Forest. Access to over 18,000 acres of horseback riding trails, bicycle, and hiking trails.
* Centrally located with just a short distance to Daytona Beach and Orlando
This home is exactly what you've been looking for-spacious enough for a large family, with an enviable piece of land perfect for planting, gardening, or any outdoor project you desire.
With no HOA and low taxes, this is a great opportunity to own your own piece of paradise in Eustis!
Room sizes are approximate and should be verified by buyer and agent.
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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 |
|---|---|---|---|
| Feb 10, 2026 | Sold | ||
| Sold | |||
| Dec 24, 2025 | In contract | - | |
| In contract | |||
| Dec 3, 2025 | Price Decreased |
$415,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Nov 10, 2025 | Listed by C&D INTERNATIONAL REAL ESTATE | $425,000 | |
| Listed by C&D INTERNATIONAL REAL ESTATE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017