7422 Pacal
About This Property
Outside, the possibilities continue with an additional 384 sq ft 1 bedroom 1 bath tiny house ideal for guests, multigenerational living, a home office, rental income opportunity, or hobby space with a fenced in yard fitting its tiny space. A large storage building provides ample room for tools, equipment, and seasonal items, helping keep everything organized.
Car enthusiasts, hobbyists, and those needing extra covered parking will appreciate the impressive combination of a detached two-car garage and two two-car carports with an additional smaller storage building, offering abundant space for vehicles, boats, RVs, or recreational equipment.
Enjoy the privacy and freedom of nearly four acres while still benefiting from the highly regarded Union Grove school district. Whether you're looking for room to grow, space for hobbies, or a property with endless possibilities, this unique Gilmer-area retreat is ready to welcome you and your family home.
This gem offers the rare combination of acreage, versatility, and sought-after school district living-don't miss your opportunity to make it yours!
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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 |
|---|---|---|---|
| Sep 25, 2026 | Sold | ||
| Sold | |||
| Sep 21, 2026 | In contract | - | |
| In contract | |||
| Jun 12, 2026 | Listed by Texas Real Estate Executives | $299,000 | |
| Listed by Texas Real Estate Executives | |||
| Feb 14, 2022 | No longer available | - | |
| No longer available | |||
| Feb 2, 2022 | Price Increased |
$299,500
↑ $10K
(3.3%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017