4536 County Road 490
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 |
|---|---|---|---|
| May 27, 2025 | Sold | ||
| Sold | |||
| Mar 26, 2025 | Listed by Gingrich Group, LLC | $375,000 | |
| Listed by Gingrich Group, LLC | |||
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Discover unparalleled freedom on this well-maintained property, just minutes from Centerville, TX. This property has connected power at two locations with a third location available for a pole. This property has a reliable well for water. Additionally co-op water access is conveniently located across the street, offering easy expansion. The front 12.5 acres boast brand new fencing, perfect for immediate livestock grazing, while the remaining perimeter is fenced (minor repairs may be needed). The wooded rear of the property provides exceptional hunting and recreational opportunities. A substantial carport barn offers ample storage for equipment or hobbies. Ideal for a weekend escape, a full-time homestead, or a blank canvas for your rural dreams, this property offers limitless potential in the heart of Texas. Land can also be sold with 2 bed 1 bath mobile home for an additional fee.
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| Mar 5, 2025 | Listed by Gingrich Group, LLC | $399,995 | |
| Listed by Gingrich Group, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017