0 INVERNESS Drive
About This Property
Residents enjoy access to a private 18-hole championship golf course (with 36 rounds included annually), full-service marina, two sparkling pools, tennis and pickleball courts, an on-site spa and fitness center, and a clubhouse with upscale dining-all inside a secure, gated setting. Just a short drive from the Dallas-Fort Worth metroplex, this property is more than just land-it's your gateway to lake life, relaxation, and smart investment. With rising demand and limited inventory under $35,000, this is a rare opportunity to claim land in one of Texas' most desirable lakefront communities.
Whether you're looking for a full-time residence, weekend escape, or long-term hold, 0 Inverness Drive invites you to own where others vacation and invest where lifestyle and value meet.
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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 25, 2026 | No longer available | - | |
| No longer available | |||
| Aug 22, 2025 | Sold | ||
| Sold | |||
| Aug 9, 2025 | In contract | - | |
| In contract | |||
| Aug 7, 2025 | Listed by Williams Trew Real Estate | $44,500 | |
| Listed by Williams Trew Real Estate | |||
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Elevated lot with panoramic lake views in The Cliffs Resort on Possum Kingdom Lake. Perched on a scenic rise within the prestigious Cliffs Resort, this elevated lot offers breathtaking 360-degree views of the lake and vistas. This homesite captures the sparkling beauty of PK lake from its elevated setting. Whether you're looking to build your dream lake retreat or hold for investment, this unique homesite combines natural beauty with top-tier amenities. Enjoy resort living with ownership perks that include 36 round of golf annually on the championship course, access to two resort-style pools, a full service marina, on-site dining, hotel, fitness center, tennis courts, playground, beach, and 24-7 gated security. This lot has no building timeline and the freedom to choose your own builder. From sunrise to sunset, the views from this homesite will be amazing.
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| Mar 24, 2025 | Listed by Call It Closed Realty | $32,000 | |
| Listed by Call It Closed Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017