554 VZ County Road 2517
About This Property
The property is fully fenced with brand-new pipe fencing on the front and back, horse wire fencing on the sides, and features an impressive county road entrance with stone columns and a solar-powered ranch-style gate. A shared 0.83± acre pond enhances the property's beauty and usability, while an existing elevated house pad provides a head start for building your dream home.
Conveniently located just 1.5 miles from Canton High School and Canton Intermediate School and approximately 4 miles from historic downtown Canton, this property offers the perfect balance of country living with easy access to schools, shopping, dining, and local amenities.
Whether you're looking to build your dream home, establish a commercial business along the highway frontage, or create a live-work property, this exceptional tract offers the flexibility and endless potential to bring your vision to life. Located at 554 VZ County Road 2517, Canton, Texas, this is a unique opportunity to own an improved property that's ready for development. Electricity already on the property. Will need a water well & septic.
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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 1, 2026 | Price Decreased |
$180,000
↓ $2K
(1.1%) | |
| Price Decreased | |||
| Sep 15, 2026 | Price Decreased |
$182,000
↓ $7K
(3.7%) | |
| Price Decreased | |||
| Sep 9, 2026 | Price Decreased |
$189,000
↓ $10K
(5%) | |
| Price Decreased | |||
| Aug 29, 2026 | Price Decreased |
$199,000
↓ $6K
(2.9%) | |
| Price Decreased | |||
| Aug 22, 2026 | Price Decreased |
$205,000
↓ $10K
(4.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017