5370 Highway 1702
About This Property
The spacious home features large bedrooms, an updated interior, remodeled bathroom, fresh paint, new interior doors and trim, a newly added pantry, and a new oven range. Major system upgrades provide peace of mind, including updated electrical, a newer HVAC system, a brand-new septic system just installed, all new water lines from the home to the well, and replacement well casing. All appliances will stay. The beauty of this property extends well beyond the home. Mature shade trees and producing pecan trees surround the home, creating a picturesque setting. The fenced yard provides separation from livestock, while electric fencing and additional fenced areas offer functionality for managing cattle and other animals. Two separate entrances provide convenient access, and existing pipe cattle working pens offer additional ranching potential. A year-round creek winds through the back of the property, adding beauty, wildlife habitat, and a reliable water feature rarely found on smaller acreages.
Conveniently located on a paved road with easy access to Comanche, Dublin, and Stephenville, this property combines country living with accessibility. Whether you're looking for a hobby farm, horse property, weekend retreat, or full-time residence, this one is ready for you to make it your own.
Rarely do properties this size offer so much-an updated home, productive land, year-round water, AG exemption, and a location that keeps you connected while enjoying the peace and freedom of rural Texas living.
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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 |
|---|---|---|---|
| Oct 30, 2026 | Price Decreased |
$280,000
↓ $10K
(3.5%) | |
| Price Decreased | |||
| Aug 7, 2026 | Price Decreased |
$290,000
↓ $4K
(1.4%) | |
| Price Decreased | |||
| Jul 7, 2026 | Price Decreased |
$294,000
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Jun 11, 2026 | Listed by Keller Williams Brazos West | $299,000 | |
| Listed by Keller Williams Brazos West | |||
| Apr 30, 2025 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017