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6695 Hwy 97 W
About This Property
The land is mostly open with gentle terrain, offering easy options for grazing, fencing, or subdividing. Whether you're seeking a Gonzales County ranch, horse property, or country homesite with utilities, this tract offers exceptional versatility.
Enjoy peaceful rural living just minutes from town. With highway access, water, and power already available, this Central Texas acreage is a rare opportunity to own a ready-to-use property in a prime location.
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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 23, 2025 | Sold | ||
| Sold | |||
| Oct 19, 2025 | Listed by Re/Max First Shot | $405,000 | |
| Listed by Re/Max First Shot | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017