8394 S Us Highway 77
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%.
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 7, 2026 | Price Decreased |
$250,000
↓ $25K
(9.1%) | |
| Price Decreased | |||
| May 15, 2026 | Listed by Keller Williams Summit | $275,000 | |
| Listed by Keller Williams Summit | |||
| Jul 22, 2025 | No longer available | - | |
| No longer available | |||
| May 29, 2025 | Price Decreased |
$313,560
↓ $18K
(5.4%) | |
| Price Decreased | |||
| Nov 22, 2024 | Listed by AG3 PROPERTIES | $331,375 | |
| Listed by AG3 PROPERTIES | |||
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Nestled just seven minutes from La Grange, eight minutes from Schulenburg, less than an hour and a half from Austin, and less than two hours from Houston, this 12.06-acre AG-EXEMPT tract offers a blank slate brimming with potential. With over 450 feet of direct frontage on Hwy 77, this property enjoys excellent accessibility, making it ideal for a variety of uses.
Whether you're envisioning a custom homesite, a weekend getaway, or a small-scale agricultural venture, this property, along with its modest use restrictions and cross-fencing, provides the space and flexibility to bring your vision to life. The gently rolling terrain, coupled with the scenic surroundings of Fayette County, offers an inviting canvas for your dream project.
Located in the heart of Texas, this land strikes the perfect balance between rural tranquility and proximity to the conveniences of nearby towns. Water is provided via a meter from Fayette County WSC, and power is available in the area at the Buyer’s discretion.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017