40
Map
TBD Tr 5 US Hwy 281
About This Property
This is the one you've been looking for! Acreage like this is rarely available close to Stephenville! Location, versatility, and opportunity come together on this 44.893 acre tract situated directly on Hwy 281 with over 1,100 feet of valuable road frontage. The sky is the absolute limit with this property due to its visibility and access. It makes its a PRIME location for commercial use, private use, or both!
The land has about great sandy loam soil and improved grass all along the highway making it ideal for horses, cows, or other livestock. The backside of the property features huge hardwoods and cover with several ideal building spots should you choose to go that route. All of the hard work will be done because there will be a BRAND NEW water well, electric meter, and new fences where recently surveyed.
You just have to choose how you're going to paint your new blank canvas!
Properties offering this combination of location, soil quality, road frontage, and flexibility are hard to find!
Come take a look before this one is gone!
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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 |
|---|---|---|---|
| Oct 27, 2026 | Price Decreased |
$1,050,000
↓ $72K
(6.4%) | |
| Price Decreased | |||
| Jun 22, 2026 | Listed by Keller Williams Brazos West | $1,122,325 | |
| Listed by Keller Williams Brazos West | |||
| Oct 27, 2020 | No longer available | - | |
| No longer available | |||
| Sep 27, 2020 | Listed | $78,000 | |
| Listed | |||
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Location! Location! Location! Close to Ben Bolt PAL Blanco High School. Country living with the convenience of town just minutes away. This family land is being sold in lots sized 10+ acre tracts. See attached general survey showing lot 5 on the family land. The lot sizes are approximate and exact acreage will be determined at the time the property is surveyed. Photos are NOT "lot" specific. Photos taken throughout the entire property. See general survey in documents. Other lots shown may also be available.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017