811 N Armstrong Road
About This Property
The foundation for your country living dream home awaits you!
Two acre lot located outside of city limits with no HOA in Ellis County. Maypearl ETJ so NO MIDLOTHIAN CITY TAXES EVER!!!!
Property is also located in the highly sought after Maypearl ISD.
Have the best of both worlds - the luxury and privacy of living in the country while still being centrally located for commutes to Dallas or Fort Worth.
Note: Lot has been surveyed and platted. Mountain Peak Water tap already installed on property.
*septic needed
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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 |
|---|---|---|---|
| Oct 9, 2025 | Sold | ||
| Sold | |||
| Sep 23, 2025 | In contract | - | |
| In contract | |||
| Sep 4, 2025 | Listed by ListWithFreedom.com | $169,000 | |
| Listed by ListWithFreedom.com | |||
| Feb 5, 2025 | No longer available | - | |
| No longer available | |||
| Aug 4, 2024 | Listed by ListWithFreedom.com | $179,000 | |
| Listed by ListWithFreedom.com | |||
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***UPDATE: Mountain Peak water will be available, so a well is no longer required. The foundation for your country living dream home awaits you! Two acre lot located outside of city limits with no HOA in Ellis County. Maypearl ETJ so NO MIDLOTHIAN CITY TAXES EVER!!!! Property is also located in the highly sought after Maypearl ISD. Have the best of both worlds — the luxury and privacy of living in the country while still being centrally located for commutes to Dallas or Fort Worth. *will need septic
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About North Armstrong Road
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Last Updated: 12 months ago
Data Source: NTREIS MLS, MLS# 21051125
Details provided by NTREIS and may not match the public record
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Address: 335 Madison Avenue, New York, NY 10017