4183 County Road 406
About This Property
Discover your slice of Texas countryside with this beautiful 5-acre tract located just minutes from Lake Somerville. This open and spacious property offers a great opportunity for a weekend retreat, homesite, or investment in a growing area. Deanville Water meter is in place, and electricity is available at the road-buyer to verify all utilities.
Enjoy the peace and quiet of rural living with the convenience of nearby amenities. Whether you're looking to build, camp, or simply enjoy nature, this unrestricted property gives you the freedom to make it your own. Adjacent 5 acre tract avialable.
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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 |
|---|---|---|---|
| Oct 22, 2025 | In contract | - | |
| In contract | |||
| Apr 17, 2025 | Listed by Keller Williams Realty | $141,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017