$892,000
●
House -
Off Market
3935 County Road 464
Elgin, TX 78621
Studio
0 Bath
$4,383
Est. Monthly
2.02%
Cap Rate
About This Property
Ready to build your dream home on a 34.5 +/- Acre Retreat? Come
build your dream home nestled among towering trees! The newly
installed rock driveway makes accessing the property easy while
also leaving the majority of the land untouched creating peace and
privacy, a blank slate for your country living dreams. Located just
8 miles from Historic Downtown Elgin, 36 miles from ABIA, 30 miles
from TESLA, and 16 miles from SAMSUNG in Taylor. This property is
in a great central location! Far enough away to listen to the wind
whistle through the leaves and yet close enough to daily
essentials. Own a piece of the beautiful, booming Williamson County
land. Buyer to verify utilities and schools.
Unit Size
-
Days on Market
-
Land Size
34.59 acres
Price per sqft
-
Property Type
House
Property Taxes
$2
HOA Dues
-
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (Unlock MLS #ACT3334218)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 15, 2024 | No longer available | - | |
| No longer available | |||
| Jun 8, 2023 | Listed by Rainey Real Estate | $892,000 | |
| Listed by Rainey Real Estate | |||
| Mar 3, 2023 | No longer available | - | |
| No longer available | |||
| Sep 15, 2022 | Price Decreased |
$999,900
↓ $200K
(16.7%) | |
| Price Decreased | |||
| Jun 8, 2022 | Listed by Swope & Young Land Company | $1,200,000 | |
| Listed by Swope & Young Land Company | |||
| | |||
|
Conveniently located between Taylor and Elgin sits this beautiful wooded +/-34.5 acre tract. Situated in Southeast Williamson County this property is perfect for a future home site or recreation getaway tract. The newly installed driveway makes accessing the property easy while also leaving the majority of the land untouched creating a blank canvas for a future property owner to make their own. Ag. exempt and perimeter fenced with a water line along CR 464, the land offers rolling topography with a wet weather creek traversing the center creating a great potential lake site. The property is heavily wooded with multiple species of hardwoods that makes for great wildlife habitat. If you're looking for a nice secluded property with all the city conveniences nearby this tract is a must see.
| |||
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Williamson
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Lexy Graham
Listed Office: Rainey Real Estate - Listing courtesy of Unlock MLS
Phone: (512) 925-5819
Last Updated: 2024-06-15 06:13:20
Data Source: Unlock MLS, MLS# ACT3334218
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Rainey Real Estate - Listing courtesy of Unlock MLS
Phone: (512) 925-5819
Last Updated: 2024-06-15 06:13:20
Data Source: Unlock MLS, MLS# ACT3334218
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017