82 State Highway 16 S
About This Property
The property has magnificent mature oak trees and pecan trees, creating a stunning setting for your future dream home. A picturesque wet weather creek winds through the property, holding water for extended periods and enhancing both the beauty and wildlife habitat. A small pond adds even more charm while providing an excellent water source for wildlife.
Whether you're looking for a private homesite, weekend getaway, recreational property, this tract offers endless possibilities. The land is fully fenced and supports an excellent deer population, making it ideal for hunting or enjoying the abundant wildlife from your back porch.
One of the greatest features of this property is the complete freedom it offers. There are absolutely no restrictions, giving you the flexibility to build the home, barndominium, cabin, or weekend retreat you've always envisioned. Bring your livestock, RV, or recreational equipment without worrying about restrictive covenants.
The property will require a water well and septic, electric is available allowing you to develop it exactly the way you want. With its unmatched combination of mature trees, creek, pond, privacy, wildlife, hwy frontage, and close proximity to town, this is truly a one-of-a-kind opportunity. Properties of this size and quality rarely become available, especially this close to Goldthwaite. If you've been searching for the perfect place to build your forever home without sacrificing convenience , this 12.59-acre tract deserves a place at the top of your list.
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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 |
|---|---|---|---|
| Jul 24, 2026 | Listed by Cross H Realty | $174,400 | |
| Listed by Cross H Realty | |||
| Jun 13, 2022 | Sold | ||
| Sold | |||
| Apr 11, 2022 | Listed by Ranch House Realty | $172,508 | |
| Listed by Ranch House Realty | |||
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12.322 acres conveniently located just outside of Goldthwaite on Hwy 16 South. This is a great small acreage property with a seasonal tank on the east side of the property and a creek that runs along the entire west side of the property. You will find good tree cover and abundant wildlife. You can hunt, run some livestock and build a home. Fiber optic Internet is available and property has paved road access. With it's location close to Goldthwaite, this property could easily be used as a commercial property. Property is not zoned.
Disclaimer: Pictures are not recent due to the current dry weather conditions.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017