519 An County Road 450
About This Property
The property includes a vintage 1960s home ready for renovation and your personal touch. Featuring 3 bedrooms, 1 bathroom, and a charming brick fireplace in the living room, the home provides a solid foundation for restoration or future plans.
Enjoy peaceful country living with plenty of room to roam, ride ATVs, explore nature, and take in the beauty and tranquility that East Texas is known for. Escape the hustle and bustle of city life while still being conveniently located near the amenities of Palestine. Properties with this much acreage, character, and potential are hard to find, don't miss this unique opportunity! Home being sold AS-IS.
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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 |
|---|---|---|---|
| Sep 3, 2026 | Price Decreased |
$315,000
↓ $10K
(3.1%) | |
| Price Decreased | |||
| Aug 7, 2026 | Price Decreased |
$325,000
↓ $24K
(6.9%) | |
| Price Decreased | |||
| Jul 16, 2026 | Price Decreased |
$349,000
↓ $1K
(0.3%) | |
| Price Decreased | |||
| Jun 11, 2026 | Listed by DHS Realty | $350,000 | |
| Listed by DHS Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017