457 County Road 387
About This Property
well suited for horses, cattle, and other livestock, offering ample grazing space and room to roam. Two charming cottages provide cozy living quarters and create excellent potential for a
bed and breakfast, hunting retreat, weekend getaway, or private family compound.
An ideal hunting property, the land is home to plentiful Texas wildlife including deer, turkey, hogs, and more, making it suitable for personal hunting or a potential hunting lease.
Conveniently located close to town, yet far enough away to enjoy peace, privacy, wide-open spaces, and unforgettable sunsets. Don't miss this rare opportunity!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 11, 2026 | Sold | ||
| Sold | |||
| Jan 9, 2026 | In contract | - | |
| In contract | |||
| Dec 24, 2025 | Listed by RE/MAX Big Country | $380,000 | |
| Listed by RE/MAX Big Country | |||
| Dec 10, 2025 | No longer available | - | |
| No longer available | |||
| Nov 15, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017