$72,500
●
Land -
Off Market
5544 COUNTY ROAD 312
Cleburne, TX 76031
Studio
0 Bath
$442
Est. Monthly
About This Property
BRING YOUR OFFER, Great 1.358 acre plus lot in the
country with easy access to FM 4, Interstate 35W, Highways 171 and
174, & US Highway 67. Ready for your new home with County water tap
already installed and Co Op electricity and fiber optic at the
front of the property. Currently open, level pasture land with 5
strand barbed wire at the road frontage. Bring your plans and
builder or we have a builder to recommend for your new home, must
be at least 2,000 SF with 3 bedrooms, two bathrooms and a two car
garage. No Mobile or Manufactured homes. See Covenants and
Restrictions available on MLS Buyer and Buyers Realtor to
verify, taxes, schools, restrictions, and acreage.
Unit Size
-
Days on Market
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Land Size
1.36 acres
Price per sqft
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Property Type
Land
Property Taxes
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HOA Dues
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Year Built
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (NTREIS #20365502)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 9, 2024 | Sold | ||
| Sold | |||
| Jan 10, 2024 | Listed by Gillin Realty, LLC | $79,900 | |
| Listed by Gillin Realty, LLC | |||
| | |||
|
BRING YOUR OFFER, Great 1.358 acre plus lot in the country with easy access to FM 4, Interstate 35W, Highways 171 and 174, & US Highway 67. Ready for your new home with County water tap already installed and Co Op electricity and fiber optic at the front of the property. Currently open, level pasture land with 5 strand barbed wire at the road frontage. Bring your plans and builder or we have a builder to recommend for your new home, must be at least 2,000 SF with 3 bedrooms, two bathrooms and a two car garage. No Mobile or Manufactured homes. See Covenants and Restrictions available on MLS Buyer and Buyers Realtor to verify, taxes, schools, restrictions, and acreage.
| |||
| Jun 26, 2023 | Listed by Gillin Realty, LLC | $89,900 | |
| Listed by Gillin Realty, LLC | |||
| May 31, 2022 | Sold | ||
| Sold | |||
| Mar 23, 2022 | Listed by Gillin Realty, LLC | $84,900 | |
| Listed by Gillin Realty, LLC | |||
| | |||
|
Great 1 acre plus lot in the country with easy access to FM 4, Interstate 35W, Highways 171 and 174, & US Highway 67. Ready for your new home with County water tap already installed and Co Op electricity and fiber optic at the front of the property. Currently open, level pasture land with 5 strand barbed wire at the road frontage. Bring your plans and builder or we have a builder to recommend for your new home, must be at least 2,000 s.f. with 3 bedrooms, two bathrooms and a two car garage. No Mobile or Manufactured homes. See Covenants and Restrictions
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
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Asking Price
Listed On
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Closing Price
Sold On
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About Johnson
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Listed by: Samantha Gillin, Gillin Realty, LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20365502
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20365502
Details provided by NTREIS and may not match the public record
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