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TBD County Road 3230
About This Property
Escape the hustle and enjoy peaceful country living on this beautiful 12.91-acre property surrounded by picturesque farm and ranch land. With approximately 1,000 feet of county road frontage, this property offers plenty of open space, scattered mesquite trees, and room to create your own piece of Texas.
Currently Ag Exempt, the land provides an excellent opportunity for a homesite, small ranch, livestock, recreation, or simply enjoying the freedom that comes with owning acreage. Located in the highly desirable Abbott ISD and only about a 30-minute drive to Waco, you can enjoy the quiet of the country while remaining convenient to shopping, dining, and other amenities.
Spend your evenings watching the sunset stretch across the open countryside, then sit back beneath those big, star-filled Texas skies where the nights are quiet and the views seem to go on forever.
Owner financing available! Come experience the space, privacy, and simple beauty of country 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 |
|---|---|---|---|
| Sep 21, 2026 | Listed by Real Broker, LLC | $129,100 | |
| Listed by Real Broker, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017