5301 County Road 281
About This Property
The open-concept living and dining areas are perfect for hosting family gatherings or cozy evenings by the fireplace. The kitchen boasts ample cabinetry, counter space, and a breakfast nook that overlooks the lush property. Retreat to the spacious primary suite featuring an en-suite bath, or enjoy the oversized guest rooms that cater to comfort and privacy.
Outside, the property shines with its expansive acreage, mature trees, and the perfect space for gardening, raising animals, or working in the barn. Whether you're looking for a peaceful escape or a property with endless potential, this home is a rare gem.
Located just minutes from Kaufman or Terrell and less than an hour from Dallas, you'll enjoy the perfect balance of rural charm and convenient access to shopping, dining, and schools. This property is ideal for anyone seeking a slower-paced lifestyle without sacrificing modern comforts.
Schedule your private showing today and start envisioning your dream life in the peace and quiet.
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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 20, 2025 | Sold | ||
| Sold | |||
| Feb 2, 2025 | In contract | - | |
| In contract | |||
| Jan 23, 2025 | Price Decreased |
$499,900
↓ $25K
(4.8%) | |
| Price Decreased | |||
| Dec 7, 2024 | Price Decreased |
$524,900
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Nov 9, 2024 | Price Decreased |
$529,900
↓ $10K
(1.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017