710 Gibraltar Lane
About This Property
Sits on a full acre in Lorena! With 2398 square feet of living space, there's room for everyone. The wood-burning fireplace makes chilly evenings cozy, while the kitchen is perfect for cooking. Step outside to the back patio and take in that oversized lot that is perfect for weekend cookouts, backyard football, or just letting the kiddos run free!
The neighborhood has quick access to Interstate 35 means getting anywhere is a breeze without sacrificing that peaceful small-town feel.
This one just hit the market and is ready to become your new home!
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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 |
|---|---|---|---|
| Oct 25, 2026 | Price Decreased |
$409,000
↓ $20K
(4.7%) | |
| Price Decreased | |||
| Sep 22, 2026 | Price Decreased |
$429,000
↓ $20K
(4.5%) | |
| Price Decreased | |||
| Aug 31, 2026 | Listed by Texas Luxury and Land | $449,000 | |
| Listed by Texas Luxury and Land | |||
| Aug 28, 2026 | Sold | ||
| Sold | |||
| Jun 27, 2026 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017