$1,650,000
●
House -
Off Market
6804, 6850 County Road 1255
Lampasas, TX 76550
Studio
0 Bath
$2,629,016
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model
About This Property
This 353 acre ranch is located just west of Lampasas, TX. It is
high fenced with all galvanized tight lock fencing. Improvements
include a concrete block hunter's cabin as well as a a storage
building and game cleaning area. The property also offers older
corrals. Water supply is the community water system that has been
piped from country road to property.
Topography includes 2 stock tanks, mature tree coverage, and great views back to the east towards Lampasas. 50% of the minerals are owned and ALL will convey.
Call for a showing.
Topography includes 2 stock tanks, mature tree coverage, and great views back to the east towards Lampasas. 50% of the minerals are owned and ALL will convey.
Call for a showing.
Unit Size
-
Days on Market
-
Land Size
352.51 acres
Price per sqft
-
Property Type
House
Property Taxes
$41
HOA Dues
-
Year Built
2021
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (NTREIS #20265128)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 15, 2023 | Sold | ||
| Sold | |||
| Feb 23, 2023 | Listed by TEXAS REAL ESTATE SALES | $2,643,825 | |
| Listed by TEXAS REAL ESTATE SALES | |||
| Jan 15, 2023 | No longer available | - | |
| No longer available | |||
| Dec 8, 2022 | Listed by Texas Real Estate Sales | $2,750,000 | |
| Listed by Texas Real Estate Sales | |||
| | |||
|
This 353 acre ranch is located just west of Lampasas, TX. It is high fenced with all galvanized tight lock fencing. Improvements include a concrete block hunter's cabin as well as a a storage building and game cleaning area. The property also offers older corrals. Water supply is the community water system that has been piped from country road to property.Topography includes 2 stock tanks, mature tree coverage, and great views back to the east towards Lampasas. 50% of the minerals are owned and ALL will convey.Call for a showing.
| |||
| Jul 5, 2022 | Listed by Texas Real Estate Sales | $2,750,000 | |
| Listed by Texas Real Estate Sales | |||
| | |||
|
This 353 acre ranch is located just west of Lampasas, TX. It is high fenced with all galvanized tight lock fencing. Improvements include a concrete block hunter's cabin as well as a a storage building and game cleaning area. The property also offers older corrals. Water supply is the community water system that has been piped from country road to property.Topography includes 2 stock tanks, mature tree coverage, and great views back to the east towards Lampasas. 50% of the minerals are owned and ALL will convey.Call for a showing.
| |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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About Lampasas
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Listed by: Leah Caruthers, TEXAS REAL ESTATE SALES
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20265128
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20265128
Details provided by NTREIS and may not match the public record
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