0 State Hwy 155 & CR 435
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 13, 2026 | Listed by Staples Sotheby's Internationa | $925,000 | |
| Listed by Staples Sotheby's Internationa | |||
| Aug 3, 2026 | No longer available | - | |
| No longer available | |||
| Apr 23, 2026 | Price Decreased |
$995,000
↓ $105K
(9.6%) | |
| Price Decreased | |||
| Feb 2, 2026 | Listed by Fathom Realty, LLC | $1,100,000 | |
| Listed by Fathom Realty, LLC | |||
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Excellent opportunity at the corner of Highway 155 and County Road 435 in the community of Pert, Texas. This versatile property features three ponds, gated access from both County Road 435 and Highway 155, and a water meter already in place along Highway 155. One of the ponds on the southwestern side of property is spring fed. A portion of the north side of the property is graced with majestic pecan trees. Electricity is already on property but is not currently being used. The land is fully fenced and includes an additional interior gate, along with a corral suitable for cattle, making it ideal for agricultural use, a homesite, or future development. With strong road frontage of 2,000 ft. on US State Highway 155, and about 1600 ft. on CR 435 this property allows for easy access. Such a peaceful East Texas setting just minutes from downtown Frankston to the north and Palestine to the south of property. This property offers exceptional flexibility and a remarkable tract of land for development.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017