001 Sexton Road
About This Property
Convenience is built into this location, with electricity readily available at Sexton Rd., and positioned less than a half-mile from the paved Smiser Road. As a bonus, the seller will provide a water meter with a full-price offer. There is also a new survey. All this saves you time and initial development costs. Beyond the property line, you will enjoy a lifestyle that perfectly balances country living with entertainment and convenience. You are less than 6 miles from Choctaw Casino & Resorts, offering premier dining, world-class entertainment, and excellent employment opportunities. For outdoor recreation, you are less than 20 minutes from 3 separate boat ramps on Texoma Lake, making fishing and boating a part of your regular weekend routine. You are also less than an hour from McKinney, Texas, ensuring an easy commute to the metroplex while enjoying wide-open spaces.
Buyers & Investors: Land with utility availability and zero restrictions moves fast! Bring your modular home, horses, or blueprint plans and claim your slice of Oklahoma freedom today.
Schedule your showing today before this prime acreage is gone!
Choctaw Casino & Resort - 5.6 miles
Willow Springs Marina - 9.8 miles
Catfish Bay Marina - 14 miles
Dam Site Park Boat Ramp - 15 miles
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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 |
|---|---|---|---|
| Oct 3, 2026 | Listed by David Norman Land Company | $435,000 | |
| Listed by David Norman Land Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017