00 Sam Rayburn Pkwy
About This Property
Located on the high bank of the Neches River with frontage on Recreational Road 255, this property combines paved access with river frontage and a picturesque hay meadow that rolls right up to the water's edge, with power already ran to the river bank, a setup that honestly just doesn't exist anymore in East Texas.
The riverbank here is elevated and solid, and shows no flood marks, suggesting little to no seasonal impact, yet you're just steps away from launching a kayak, throwing a line, or setting up riverside camp chairs under the shade trees.
An old fishing shed with power already in place still stands at the river's edge, a nostalgic structure that could be rehabbed into a rustic weekend retreat by the right DIYer.
Paved road frontage. River frontage. Power. Cleared hay meadow. No restrictions. And a location that puts you in the heart of East Texas' most beloved outdoor destinations.
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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 |
|---|---|---|---|
| Apr 1, 2026 | Sold | ||
| Sold | |||
| Feb 9, 2026 | In contract | - | |
| In contract | |||
| Jan 20, 2026 | Listed by MRC Land Realty, LLC | $99,400 | |
| Listed by MRC Land Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017