406 Main Street
About This Property
Don't miss this rare opportunity to own a versatile 5.11-acre property in the heart of Stowell. This tract offers a peaceful setting with multiple barns and buildings, perfect for livestock, equestrian use, or future development.
Property Features:
Six (6) barns
Eighteen (18) stalls
120-foot round pen for horse training
Covered arena measuring 60' x 84'
Fresh 80' x 70' concrete slab, ready for your next project
Mostly cleared pasture, ideal for grazing
Two (2) water and sewer taps
Natural gas and electricity on site
Unrestricted land use
Note: The home and all buildings are being sold AS-IS. The home was built in 1906 and is not to be entered under any circumstances.
This property offers great potential for agricultural, equestrian, or recreational use with utilities already in place.
Listed By
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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 |
|---|---|---|---|
| May 12, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| May 11, 2026 | Listed by Epique Realty LLC | $225,000 | |
| Listed by Epique Realty LLC | |||
| Jun 5, 2025 | Listed by Epique Realty LLC | $295,000 | |
| Listed by Epique Realty LLC | |||
| | |||
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5.11 Unrestricted Acres in Stowell, TX – Ideal for Livestock or Horse Training
Don’t miss this rare opportunity to own a versatile 5.11-acre property in the heart of Stowell. This tract offers a peaceful setting with multiple barns and buildings, perfect for livestock, equestrian use, or future development.
Property Features:
Six (6) barns
Eighteen (18) stalls
120-foot round pen for horse training
Covered arena measuring 60’ x 84’
Fresh 80’ x 70’ concrete slab, ready for your next project
Mostly cleared pasture, ideal for grazing
Two (2) water and sewer taps
Natural gas and electricity on site
Unrestricted land use
Note: The home and all buildings are being sold AS-IS. The home was built in 1906 and is not to be entered under any circumstances.
This property offers great potential for agricultural, equestrian, or recreational use with utilities already in place.
| |||
| May 9, 2025 | Listed | $399,900 | |
| Listed | |||
| | |||
|
5.11 Unrestricted Acres in Stowell, TX – Ideal for Livestock or Horse Training
Don’t miss this rare opportunity to own a versatile 5.11-acre property in the heart of Stowell. This tract offers a peaceful setting with multiple barns and buildings, perfect for livestock, equestrian use, or future development.
Property Features:
Six (6) barns
Eighteen (18) stalls
120-foot round pen for horse training
Covered arena measuring 60’ x 84’
Fresh 80’ x 70’ concrete slab, ready for your next project
Mostly cleared pasture, ideal for grazing
Two (2) water and sewer taps
Natural gas and electricity on site
Unrestricted land use
Note: The home and all buildings are being sold AS-IS. The home was built in 1906 and is not to be entered under any circumstances.
This property offers great potential for agricultural, equestrian, or recreational use with utilities already in place.
| |||
| Apr 29, 2025 | Price Decreased |
$429,900
↓ $10K
(2.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017