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Milam 76520
508 County Road 379
$995,000 Last Listed Price
● House - Off Market

508 County Road 379

Cameron, TX 76520
bedrooms
Studio
bathrooms
0 Bath
square feet
2,464 Ft²
$5,313
Est. Monthly

About This Property

Do not miss this ranch! Welcome to Red Bird Hill Ranch, a sprawling 83.37-acre retreat nestled in the heart of the tranquil countryside.
Unit Size
2,464 Ft²
Days on Market
-
Land Size
83.37 acres
Price per sqft
$404
Property Type
House
Property Taxes
$427
HOA Dues
-
Year Built
2001

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 5 months ago (HAR #17282919)

Price History

Date / Event Date Event Price
Jan 26, 2024 Sold
Premium
Sold
Oct 9, 2023 Listed by Capitol Ranch Real Estate $995,000
Listed by Capitol Ranch Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 648
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,631,597
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,824
  • Gross Building Area: 4,371
  • Building Area: 2,824
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,824
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000083370
  • Standard Land Use Code: 1008
  • County Land Use Code: D2
  • Legal Description 1: A0390 MOORE, REBECCA,83.37 ACRES,(PT LOCATED IN A255)

Neighborhood

  • School District Name: Milano Independent School District
  • Census Tract: 950500

Geography

  • Account Number: A039-176-032-00
  • Parcel: R11268
  • Municipality: CAMERON
  • Latitude: 30.7804
  • Longitude: -96.8732

    Address

  • Full Address: 508 County Road 379
  • Address - House Number: 508
  • Address - Street Name: County Road 379
  • State: TX
  • City Name: Cameron
  • Carrier Code: R003
  • 4-Digit Zip Code: 9562
  • Zip Code: 76520

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $480,700
  • Tax Rate Code Area: GMC SMI

    Appraisal Valuation

  • Standard Deviation: 0.1851
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 931,243
  • High Value: 1,103,649
  • Low Value: 758,836

    Market Valuation

  • Market Total Value: $991,430
  • Market Land Value: $712,810
  • Market Improvement Value: $278,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $291,210

    Exemptions

  • Senior Citizen Exemption : Yes
  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 26, 2024
  • Current Sale Recording Date: Jan 29, 2024
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 339
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Milam

Stats & Trends

Median Asking:

$289,200

Sale Price/ft²

$161

Below Asking

0.04%

Average Days on Market

90

Average Home Size

1789 ft²

Average Home Age

38.8 years

Currently For Sale

131 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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HAR

Listed by: Colton Harbert, Capitol Ranch Real Estate
Last Updated: 5 months ago
Data Source: HAR , MLS# 17282919
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Frequently Asked Questions

When was property at 508 County Rd 379 built and last sold?
The property at 508 County Rd 379 was built in 2001 and last sold on Jan 26, 2024 for $0.
How much is this home worth?
The estimated value of the home located at 508 County Rd 379 is $1,004,950.
What are some comparable homes to 508 County Rd 379?
There are currently no comparable homes to 508 County Rd 379.
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