Lot 8 County Road 503
About This Property
perfect canvas for your country lifestyle. With 5.87 acres in Taylor County and 1.13 acres stretching into Jones County at the back, you will
have space to create the homestead you have been dreaming of. Enjoy the best of both worlds with peaceful rural living just minutes from
modern conveniences. This property is located approximately 5 miles from Lowes, Tractor Supply, Starbucks, Walmart, and Chick fil A, 7
miles from Hendrick North, and less than 10 miles from Abilene Regional Airport. Situated in the desirable Clyde School District, this raw
tract gives you the freedom to design your ideal setup, from the placement of your home to the layout of your garden, pastures, and more.
With paved road frontage, a Hamby Water Supply line already installed at the road (just secure your meter), and overhead electric available,
you are well on your way to building your dream. Light deed restrictions are in place to protect your investment while still allowing the
flexibility to bring your homesteading vision to life.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017