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975 County Rd 458 (10 Acres)
About This Property
Zoned to preserve its rural character, city restrictions prohibit commercial use, ensuring lasting tranquility. Residential structures like a house, barn, or guest house are permitted, making it ideal for equestrian enthusiasts or those seeking a private retreat. Utilities include Manville water and electricity available at the road, with a septic system required. Currently part of a larger farm with an agricultural exemption, buyers should verify if this status can be maintained post-division and confirm all restrictions. Your Texas homestead awaits!
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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 |
|---|---|---|---|
| Jan 15, 2026 | No longer available | - | |
| No longer available | |||
| May 1, 2025 | Listed by Keller Williams Realty | $625,000 | |
| Listed by Keller Williams Realty | |||
| Jan 29, 2025 | Listed by Keller Williams Realty | $440,000 | |
| Listed by Keller Williams Realty | |||
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Located near booming Taylor, this 5.87 acres offers amazing rural tranquility while being close to city conveniences. This parcel offers gently rolling terrain with stunning country views and improved coastal hay pastures. The topography is ideal for those envisioning their own piece of Texas, giving you a blank canvas for your homestead dreams.
City restrictions are in place to maintain the integrity and charm of the area; commercial use is not permitted, ensuring the preservation of the rural atmosphere. Residential structures such as a house, barn, or guest house are allowed, and the property is perfect for horse and livestock enthusiasts. Up to 10 acres (which includes the pictureque pond) are available for those looking for more space.
Manville water is available at the road as is electricity, and a septic system will be needed. The land is currently agriculturally exempt as part of a larger farm, but prospective buyers should verify if this exemption can be maintained once divided and all restrictions.
This is your opportunity to build a self-sufficient lifestyle where you can garden, raise animals, or simply enjoy the vast Texas sky. Parcels this size are rare, contact us for more details or to schedule a viewing. Your Texas homestead awaits!
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| Aug 28, 2022 | No longer available | - | |
| No longer available | |||
| Jul 31, 2022 | Price Decreased |
$825,000
↓ $170K
(17.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017