420 County Road 190
About This Property
Located roughly 5 miles from Zephyr, TX, is a 77-acre tract that is perfect for outdoor enthusiasts and nature lover. This property is conveniently positioned just off FM 218, featuring a well-maintained all-weather road for easy access. The home site is placed towards the front of the property, allowing for optimal utilization of the land. The area is rich in native hardwood trees, including live oak, red oak, and post oak, interspersed with dense brush and mesquite. This thick cover is excellent for wildlife, creating a habitat that is ideal for hunting and recreational activities. Enjoy your morning coffee while taking in the stunning view from the back porch that overlooks the scenery. The property includes a 1,140 sq ft home, which consists of 2 bedrooms, 1 bathroom, and an open den and kitchen area. Additionally, the shop, equipped with electricity and water, features a small efficiency apartment and offers various possibilities. With some creativity, this 1,200 sq ft shop could be converted into a fantastic guest suite, living quarters, bonus room, or workshop. The water supply for the property comes from a water well situated near the home site, reportedly yielding approximately 30 GPM. All boundary fences are well-maintained and suitable for livestock, with cross fencing surrounding the home site. If you are in search of a weekend getaway or a peaceful residence, this property is definitely worth a visit!
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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 |
|---|---|---|---|
| Dec 5, 2025 | Sold | ||
| Sold | |||
| Nov 25, 2025 | In contract | - | |
| In contract | |||
| Sep 22, 2025 | Listed by Ranch Pro Real Estate | $650,000 | |
| Listed by Ranch Pro Real Estate | |||
| Sep 8, 2025 | No longer available | - | |
| No longer available | |||
| Mar 8, 2025 | Listed by Coldwell Banker - Mark Campbell & Assc | $655,000 | |
| Listed by Coldwell Banker - Mark Campbell & Assc | |||
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Charming 77-Acre Ranch with House and Shop in Mills County, TX
Located just outside Zephyr, TX, in the heart of a prime wildlife area, this 77-acre property offers a perfect retreat for nature enthusiasts. Nestled near the renowned Hoof and Horn Ranch, famous for its hunting and abundant wildlife, the land is rich with hardwood trees, including live oak, red oak and post oak, as well as thick brush, and a stock tank, all which provides excellent cover for whitetail deer and other wildlife. The property is accessed via a well-maintained, all-season dirt road, ensuring easy year-round access. The home is an approximate 1,140 sq. ft. 2-bedroom, 1-bath residence featuring a den, kitchen-dining combo, and laundry room. While the home requires some finishing touches, it offers a great opportunity to personalize and make it your own. Additionally, the property includes a 1,200 sq. ft. shop with a living quarters inside, complete with 1 bedroom, 1 bath, and a kitchenette, making it ideal for guests, additional living space, or a private retreat. A water well provides reliable water to both the house and shop. Two sides of the ranch are high fenced. If you’re seeking a peaceful escape to immerse yourself in nature, with ample space for hunting, wildlife watching, or simply unwinding, this property may be the perfect place to call your own.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017