638-756 Sd 46820
About This Property
LOCATION: The ranch is approximately 18 air miles southwest of Rocksprings, Texas. Access is granted from CR 460 and an approximately 3-mile-long subdivision road.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 4, 2025 | Sold | ||
| Sold | |||
| Oct 24, 2025 | In contract | - | |
| In contract | |||
| Aug 17, 2025 | Price Decreased |
$299,995
↓ $33K
(9.9%) | |
| Price Decreased | |||
| Aug 16, 2025 | Price Increased |
$332,919
↑ $33K
(11%) | |
| Price Increased | |||
| Aug 15, 2025 | Price Decreased |
$299,995
↓ $33K
(9.9%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/20/2025
| |
Loft
|
-
|
-
|
$332,919
Loft
-
|
$242,500
-27.16%
12/04/2025
|
J Bryan Pickens
Republic Ranches, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017