804 AN County Road 164
About This Property
Outside, the property is equipped with everything needed for enjoying country living. Amenities include a covered front porch, a swimming pool, paved driveway, carport, a 30 x 30 shop with an additional 600 sq. ft. lean-to, and a pond supplied by an artesian well. Mature trees provide privacy, while the improved pasture offers plenty of space for livestock, horses, or other agricultural uses. Conveniently located just minutes from town and only 8 miles from Palestine, this property combines the peace and privacy of country living with easy access to everyday conveniences.
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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 |
|---|---|---|---|
| Aug 17, 2026 | In contract | - | |
| In contract | |||
| Jul 21, 2026 | Listed by Texas Premier Realty | $525,000 | |
| Listed by Texas Premier Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017