6222 County Road 130
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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 |
|---|---|---|---|
| May 30, 2024 | Sold | ||
| Sold | |||
| May 11, 2024 | In contract | - | |
| In contract | |||
| Nov 2, 2023 | Listed by Armstrong Properties | $564,000 | |
| Listed by Armstrong Properties | |||
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+/- 33.2 acres UNRESTRICTED land located in Burleson County! This property is perimeter fenced and features a gravel driveway, county road frontage from CR 130, and a stock pond. Gentle rolling topography is present throughout portions of the property, along with scattered mature trees. Main infrastructure for electricity is in place through Bluebonnet Electric. Situated in the heart of Central Texas, this tract is 9 miles to Lake Somerville State Park, 15 miles to Caldwell, 20 miles to Giddings & US-290, 31 miles to Brenham, 36 miles to College Station, and 76 miles to Austin.
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Last Updated: 4 months ago
Data Source: HAR , MLS# 989029
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