6174 Raymond Road
About This Property
The main residence features a brand new roof in January of 2025, 5 bedrooms and 4.5 baths, including a primary suite on the first floor for added privacy and comfort. Enter through the formal living and dining areas that set the tone for gracious living. An oversized living area serves as the heart of the home, perfect for gathering family and friends. Upstairs, find three bedrooms and two full baths, offering plenty of space for guests or children.
Attached to the rear of the expansive shop building are functional horse stables, ideal for equestrian enthusiasts or hobby farming. The oversized workshop also houses a bonus living structure (not included in the total square footage) complete with a full bath which is perfect for a guest suite, office, or income-generating rental.
Outside, the property's ag exemption is already in place, making it attractive for those seeking lower tax burdens. Enjoy wide-open spaces with limitless possibilities, from expanding the current home to developing your own private oasis. With a location just 5 minutes from town, you'll enjoy the perfect blend of seclusion and convenience.
Whether you're seeking a multi-generational compound, a place to run a small farm, or simply want to enjoy wide-open Texas skies, this property offers incredible value and opportunity. Bring your imagination and your vision-this is your chance to transform potential into reality in Kaufman, TX.
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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 |
|---|---|---|---|
| Jun 27, 2025 | Sold | ||
| Sold | |||
| Jun 6, 2025 | In contract | - | |
| In contract | |||
| May 31, 2025 | Listed by CENTURY 21 Judge Fite Co. | $450,000 | |
| Listed by CENTURY 21 Judge Fite Co. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017