40
Map
4140 N State Highway 16
About This Property
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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 |
|---|---|---|---|
| Aug 27, 2026 | Listed by Jacob Realty | $5,780,351 | |
| Listed by Jacob Realty | |||
| Mar 4, 2026 | Listed by Jacob Realty | $5,780,351 | |
| Listed by Jacob Realty | |||
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731± Acre North Texas Ranch Near Possum Kingdom Lake
Exceptional opportunity to own 731± acres of premier North Texas ranchland, ideally located just minutes south of Possum Kingdom Lake along State Highway 16. Offering approximately 6,150 feet of highway frontage, the property provides outstanding access while maintaining the privacy and seclusion of a large ranch.
The land features beautiful rolling topography, elevated ridges, scenic valleys, open grazing areas, scattered hardwoods, and native brush. Expansive long-range views and multiple potential homesites make this an ideal setting for a ranch headquarters, custom residence, or weekend retreat.
Currently utilized for cattle grazing, the ranch features strong perimeter fencing and two ponds providing water for livestock and wildlife. The property is currently under an agricultural exemption.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017