5944 Tenderfoot Trail
About This Property
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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 |
|---|---|---|---|
| Sep 10, 2026 | Listed by AmeriPlex Realty, Inc. | $1,300,000 | |
| Listed by AmeriPlex Realty, Inc. | |||
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19 ACRES, AG EXEMPT, UNINCORPORATED TARRANT COUNTY, TWO LIVABLE RESIDENCES AND CURRENT REAL ESTATE TAXES OF LESS THAN $3,000 PER YEAR! Opportunities like this are getting harder and harder to find in Tarrant County! Located in Azle ISD, this peaceful and picturesque property offers an incredible combination of land, improvements, existing infrastructure and future possibilities. With no known deed restrictions and a location outside incorporated city limits, bring your vision! The main residence is an approximately a 2,400-square-foot home offering 3 bedrooms, 1 bath, a spacious living area with wood-burning stove, oversized kitchen, full laundry room, office and covered porches. Additional improvements include central HVAC, a newer roof and an impressive 42-panel solar system. A second approximately 750-square-foot residence provides even more flexibility and is a current rental property. The existing infrastructure adds tremendous value. The property currently includes ONE WATER WELL, THREE SEPTIC SYSTEMS and FIVE RV HOOKUPS. Step outside and enjoy the reason people move to the country — mature trees, privacy, open Texas skies, gorgeous sunsets and star-filled nights. An approximately TWO-ACRE POND and seasonal creek add to the property's natural beauty and character. Multiple access points and extensive frontage along Tenderfoot Trail. Multiple outbuildings are already in place, including a 30' x 50' metal garage with three roll-up doors and electricity, a 30' x 50' very well insulated greenhouse and additional storage buildings. Horses and livestock are welcome. The main residence sits on approximately one acre that is not AG exempt. Whether your dream is to create a family compound, establish a working homestead, build additional residences, explore an RV or mobile-home development, create a tiny-home community, establish a business location or simply enjoy your own Texas countryside, THIS IS A PROPERTY YOU NEED TO SEE.
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| Mar 12, 2025 | Listed by AmeriPlex Realty, Inc. | $1,300,000 | |
| Listed by AmeriPlex Realty, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017