455 COUNTY RD 1120
About This Property
The ranch has over 2 miles of road frontage on a paved road just a few minutes from Downtown Meridian, TX, in the heart of Bosque County. The ranch is located approximately 1 hour to Waco, 1.5 hours to DFW, and 2 hours to Austin.
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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 |
|---|---|---|---|
| Mar 31, 2021 | Sold | ||
| Sold | |||
| Apr 28, 2020 | Listed by Texas Luxury and Land | $5,998,275 | |
| Listed by Texas Luxury and Land | |||
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Rare, diverse and sprawling 1505.9 acre Reese Ranch in Meridian, TX has been owned and operated for almost a century by the Reese Family. This premier ranch offers extraordinary landscapes, exciting recreational opportunities, an abundance of wildlife and effortless accessibility throughout the property!
The ranch has over 2 miles of road frontage on a paved road just a few minutes from Downtown Meridian, TX, in the heart of Bosque County. The ranch is located approximately 1 hour to Waco, 1.5 hours to DFW, and 2 hours to Austin.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017