7811 (Lot 4, Blk 1) County Road 1208
About This Property
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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%.
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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 |
|---|---|---|---|
| Jul 27, 2026 | Sold | ||
| Sold | |||
| Jul 8, 2026 | Listed by LA TIERRA REALTY, LLC | $130,000 | |
| Listed by LA TIERRA REALTY, LLC | |||
| Oct 9, 2025 | Sold | ||
| Sold | |||
| Jul 26, 2025 | In contract | - | |
| In contract | |||
| Apr 21, 2023 | Listed by Berkshire HathawayHS PenFed TX | $2,794,295 | |
| Listed by Berkshire HathawayHS PenFed TX | |||
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Almost 200 acre Nolan River farm that’s been in the family since the 1920s. Incredible investment or development opportunity. 10min to Cleburne, 14min to the CTP, 40min to Fort Worth, close to hwy 360, I35W, & hwy 67. It’s surrounded with native pecans and tall trees with road frontage on 2 sides. View the aerial video to see the natural beauty of the landscape. Rio Vista is only 1.5 miles, many state parks that access the beautiful bluffs and the Brazos River are near. Nolan River is across the road and that portion of the property is included! See survey. The property is flat and is prime for development. It’s leased, planted in milo & ag exempt. The family were early settlers to the area. One even signed the The Texas Declaration of Independence; they were soldiers, legislators, ministers, and have deep roots in Johnson County. Don’t miss the chance to scoop up a large piece of investment land in the developing area of Johnson County with prime road frontage and access.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017