422 N 3rd Street
About This Property
Step outside into your own private retreat. The perimeter is fully secured by a heavy-duty metal privacy fence, offering low-maintenance durability and total peace of mind. For the hobbyist, mechanic, or anyone needing extra workspace, the large detached garage and workshop is an absolute dream.
But what truly sets this property apart is hidden just out of sight. Located within the workshop is a heavy-duty blast door that leads down into a fully secured underground bunker. Whether you want the ultimate storm shelter to safely ride out Texas tornado season, a highly secure safe room, this incredibly rare feature adds massive, irreplaceable value to the property.
Enjoy the peace and quiet of Jacksboro living with a level of security you won't find anywhere else on the market. Schedule your private showing today and come see it for yourself!
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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 11, 2026 | Sold | ||
| Sold | |||
| Mar 31, 2026 | In contract | - | |
| In contract | |||
| Mar 23, 2026 | Listed by League Real Estate | $187,000 | |
| Listed by League Real Estate | |||
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About Jacksboro
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017