905 Anderson County Road 358
About This Property
The property is predominantly open and improved pasture, with large, well-scattered hardwoods and pines that lend shade, structure, and visual appeal across the landscape. The terrain is rolling, with elevations ranging from approximately 370' up to 480' ASL, creating diverse grazing zones, drainage patterns, and excellent vantage points.
Frontage along ACR 358 runs the full length of the southern boundary, ensuring good access. The land slopes generally downhill to the north, so the home (located near the higher elevations adjacent to the road) looks out over the tract, offering long views to the north from the rear patio. The extreme northern end transitions into denser timber and ultimately slopes toward a creek or drainage, giving a touch of bottomland character and habitat diversity.
From a livestock and operational perspective, this property is well designed for efficient, rotational grazing systems. Strong perimeter and cross fencing are already in place along with a central hub of covered working pens.
The property is improved with a 1,965 sf home with an oversized two car garage. Access is via a custom gravel drive. The property also has a 36' X 72' pipe frame barn that is sheeted on two sides with about half the floor area concreted. It includes an enclosed storage-tack area and pipe horse stalls that open into a small paddock, complete with a horse walker. Adjacent to the home is also a small greenhouse for personal gardening or plant propagation.
Contact us today to schedule your private tour and experience firsthand the sweeping views, the functional infrastructure, and the promise of life on this East Texas acreage.
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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 |
|---|---|---|---|
| Jan 9, 2026 | Sold | ||
| Sold | |||
| Nov 7, 2025 | In contract | - | |
| In contract | |||
| Sep 29, 2025 | Listed by Whitetail Properties Real Estate | $1,399,000 | |
| Listed by Whitetail Properties Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017