905 County Road 379
About This Property
Save tens of thousands in development costs-UTILITIES ARE ALREADY IN PLACE including electricity, a private water well, and a septic system.
Located Outside Local ETJ with NO HOA, this land is primed for a Manufactured Home Community, commercial business, or private ranch. Property includes 5 vacant mobile homes with existing utility connections, perfect for a value-add rental play. Unbeatable location with quick access to I-59 and minutes from the Grand Parkway (Hwy 99) loop. Schedule your tour today!
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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 |
|---|---|---|---|
| Sep 28, 2026 | Listed by TEXAS REAL ESTATE SERVICES | $599,000 | |
| Listed by TEXAS REAL ESTATE SERVICES | |||
| Aug 27, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 19, 2026 | Price Decreased |
$549,000
↓ $26K
(4.5%) | |
| Price Decreased | |||
| Jul 5, 2026 | Listed by TEXAS REAL ESTATE SERVICES | $575,000 | |
| Listed by TEXAS REAL ESTATE SERVICES | |||
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RARE INVESTMENT OPPORTUNITY! ?? UNRESTRICTED 7.6 ACRES in Cleveland with premium features! This high-and-dry property is completely CLEARED, FENCED, and offers direct access via a paved ASPHALT ROAD.
Save tens of thousands in development costs—UTILITIES ARE ALREADY IN PLACE including electricity, a private water well, and a septic system.
Located Outside Local ETJ with NO HOA, this land is primed for a Manufactured Home Community, commercial business, or private ranch. Property includes 5 vacant mobile homes with existing utility connections, perfect for a value-add rental play. Unbeatable location with quick access to I-59 and minutes from the Grand Parkway (Hwy 99) loop. Schedule your tour today!
| |||
| Jun 30, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
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About Liberty
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017