7263 COUNTY ROAD 106
About This Property
28+- acres located in northern Brown Co, just a quick drive from Lake Brownwood is an unrestricted tract in motion for someone's future. The versatile property offers native mesquite cover, scattered hardwoods and a small water hole perfectly primed to be dug out into a larger stock tank. With the gentle roll to the terrain you have views of surrounding plateaus and beautiful sunsets.
Massive value has already been added with infrastructure ready to be finished out. The property features a brand-new concrete slab designed for a 50x75 shop and barndominium, complete with an additional 25 ft footprint for a covered porch. The steel framework for the barndominium has already been started, giving a big jump start in the building process.
In addition, a new 1000 septic tank and rv hook up have been added with access to a water well on the property. Whether you are looking to build your dream home, or a weekend getaway close to the amenities of Brownwood and the lake, future progress has been started and is waiting for your vision. Huge jump start and no restrictions!
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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 |
|---|---|---|---|
| Aug 31, 2026 | Sold | ||
| Sold | |||
| Aug 8, 2026 | In contract | - | |
| In contract | |||
| Jun 18, 2026 | Listed by Ranch Pro Real Estate | $247,000 | |
| Listed by Ranch Pro Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017