9915 County Road 1117
About This Property
Come build your dream home on this gorgeous and highly private 11 acres overlooking the Brazos River Valley. Nestled on a corner lot with over 1600 sq ft of frontage road, and unmatched views. Current deed restrictions allow for livestock and bandominiums, while still preserving property values. Outside of the city limits but within close proximity to restaurants and shopping in Cleburne, and the Retreat Clubhouse and Golf Course. Current agricultural exemption is in place. Listing agent owns the property. GPS may not be accurate, so search 100 Acre Wood Cleburne. Back of property butts up to 100 Acre Wood.
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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 |
|---|---|---|---|
| Mar 11, 2026 | Sold | ||
| Sold | |||
| Feb 14, 2026 | In contract | - | |
| In contract | |||
| Dec 11, 2025 | Price Decreased |
$218,000
↓ $7K
(3.1%) | |
| Price Decreased | |||
| Nov 6, 2025 | Price Decreased |
$225,000
↓ $5K
(2.2%) | |
| Price Decreased | |||
| Oct 23, 2025 | Price Decreased |
$230,000
↓ $4K
(1.7%) | |
| Price Decreased | |||
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Last Updated: 8 months ago
Data Source: NTREIS MLS, MLS# 21055301
Details provided by NTREIS and may not match the public record
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