973 County Road 2572
About This Property
The property features gently rolling terrain with elevations ranging from about 320 feet to 370 feet above sea level. Roughly 65 acres of improved pasture provide open grazing space, accented by scattered hardwoods and wooded drainages that create visual diversity and shade. The balance of the tract is composed of mature, mixed native timber, including large oaks, white oaks, and bull pines. These wooded areas contribute to the property's beauty while offering excellent habitat for wildlife and protection from prevailing winds.
The property's most prominent water feature is a scenic, tree-lined pond located in the northern portion of the tract, estimated at just over four acres when full. The pond is sustained in part by several natural springs that flow year-round, helping to maintain consistent water levels while providing reliable sources for livestock and wildlife. Additional springs are scattered across the property in locations that could support the construction of future ponds or small water impoundments.
A 2,448± square-foot brick veneer residence serves as the main improvement, featuring four bedrooms, two bathrooms, and an open-concept living, dining, and kitchen area. There is ample room for additional barns, shops, or livestock facilities on the gently sloping terrain.
Whether envisioned as a working ranch, weekend retreat, or private family getaway, this Shelby County property embodies the best of East Texas living.
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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 |
|---|---|---|---|
| May 13, 2026 | In contract | - | |
| In contract | |||
| Oct 15, 2025 | Listed by Whitetail Properties Real Estate | $730,000 | |
| Listed by Whitetail Properties Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017