28
Map
TBD CR 260
About This Property
Discover the possibilities with this versatile 158± acre tract offering an excellent combination of productive farmland and native wildlife habitat. Approximately 88± acres are currently arable and suitable for farming, grazing, or future agricultural operations, while the remaining 70± acres feature mature mesquite cover, creating exceptional habitat for wildlife and recreational use.
A wet-weather creek winds through the wooded portion of the property, enhancing its natural beauty and attracting deer, hogs, and other native wildlife. The wooded acreage is partially enclosed with barbed-wire fencing along the north, east, and south boundaries, while an electric fence separates the wooded area from the cultivated ground.
Whether you're looking to expand your farming operation, establish a hunting retreat, run livestock, or invest in Texas land with multiple potential uses, this property offers a unique opportunity. The diverse landscape provides both income-producing agricultural acreage and recreational appeal.
Electricity is available in the area. The property currently does not have a water well.
Don't miss the chance to own this diverse 158± acre property with agricultural, recreational, and investment potential.
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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 |
|---|---|---|---|
| Oct 21, 2026 | Sold | ||
| Sold | |||
| Aug 18, 2026 | In contract | - | |
| In contract | |||
| Jun 15, 2026 | Listed by KW SYNERGY* | $440,000 | |
| Listed by KW SYNERGY* | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017