902 Mattlage Road
About This Property
Spread over a generous expanse, this property boasts vast open fields and sprawling pastures, ideal for livestock grazing or arable farming. Rich, fertile soils and a naturally scenic topography make it a prime location for cultivating a diverse range of crops or establishing a robust equine or poultry operation. The property has been farmed up until the last few years. It's great for corn, wheat, cotton, coastal hay, or oats in this area. Towering shade trees border this property, offering natural shelter and enhancing the property's aesthetic appeal.
Water resources are plentiful, featuring a well-maintained pond that serves as a vital water source and a picturesque focal point. With clear skies above, this property is a haven for those looking to immerse themselves in nature, whether it be stargazing at night or enjoying the tranquility of rural life. This is a great place for hunting deer and dove also.
There is already a water meter in place. There is road frontage on two sides of the property. The absence of buildings or structures allows for complete customization, providing a blank slate for your vision. Whether considering an innovative farming project, a rustic retreat, or even a wildlife sanctuary, this property accommodates diverse undertakings.
Situated in the heartland of Crawford, TX, this property offers both privacy and proximity-a peaceful retreat just minutes away from the necessities and community of nearby towns. Don't miss the chance to claim a piece of the Texas landscape that promises endless potential and opportunity for innovation and growth in agriculture or development.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 15, 2026 | Sold | ||
| Sold | |||
| May 18, 2026 | In contract | - | |
| In contract | |||
| Mar 19, 2026 | Price Decreased |
$985,000
↓ $133K
(11.9%) | |
| Price Decreased | |||
| Oct 24, 2025 | Price Decreased |
$1,118,145
↓ $53K
(4.6%) | |
| Price Decreased | |||
| Sep 18, 2025 | Listed by Coldwell Banker Apex, REALTORS | $1,171,390 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017