5491 County Road 251
About This Property
1. 20+ acres with a stock tank provides ample space to roam, explore, and live out your country living dreams.
2. Easy commute to Abilene with quick access to I-20 and HWY 36.
3. Property has a 40x40 goat pen, a 6x10 chicken coop with attached 20x40 run, and a garden to cultivate your own fresh produce – perfect for hobby farming.
4. A brand new 30x50 shop and a secondary 14x24 workshop, great for hobbies and projects.
5. Entertain in style with the sprawling covered back patio overlooking the serene surroundings.
6. Ranch-style home with 3 beds and 2 baths.
7. Stay cozy with three wood-burning fireplaces and spray foam insulation throughout the home.
8. Ensure a quality education with Clyde ISD.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Sep 3, 2024 | Sold | ||
| Sold | |||
| May 28, 2024 | In contract | - | |
| In contract | |||
| May 15, 2024 | Price Decreased |
$539,900
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Apr 1, 2024 | Listed by Remax Big Country | $544,900 | |
| Listed by Remax Big Country | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017