502 Co Rd 127
About This Property
An older home remains on the property with plenty of character and potential. Whether you're looking to renovate it into a hunting cabin, weekend retreat, or choose to start fresh and build your dream home, the possibilities are endless. With no known restrictions, manufactured homes are also an option.
The south boundary is newly fenced, while the rest of the perimeter is fenced but not good enough to hold livestock.
The combination of cover, open space, and natural features creates a versatile property suitable for recreation, hunting, or a future homesite.
Water is not currently available on the property, and a water well would need to be drilled. Nearby neighboring properties have wells, offering encouraging prospects for future water access.
If you're looking for a recreational getaway, hunting property, or a blank canvas to create your vision, this Eastland County acreage is worth a look. Don't miss this opportunity to own a versatile piece of Texas land with unlimited potential!
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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 |
|---|---|---|---|
| Jul 28, 2026 | Sold | ||
| Sold | |||
| Jun 24, 2026 | In contract | - | |
| In contract | |||
| Jun 1, 2026 | Listed by Trinity Ranch Land Cisco | $225,000 | |
| Listed by Trinity Ranch Land Cisco | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017