106 Tejas
About This Property
The home features an open-concept layout with an eat-in kitchen, stainless steel appliances, washer, and dryer included. Updates include luxury oak vinyl plank flooring, fresh paint, updated bathroom fixtures, ceiling fans, high-rise toilets, and a handicap-accessible walk-in shower.
Outdoor features include a Master Therapool Deep Swim Spa with rowing attachment, surrounding deck, two covered screened porches, a paved fire pit area, cement driveway parking pad, and wheelchair ramps. Additional improvements include a roof with ridge vent, leafless gutters, and dedicated lawn mower parking.
Two insulated temperature-controlled storage sheds and a Troy-Bilt zero-turn mower convey with the property.
Short-term and long-term rentals are permitted, making this an excellent full-time residence, weekend retreat, or investment opportunity. HOA dues are $52 month. Community well water filtration and sewer service are each $65 month plus usage. Holiday Villages of Fork offers exclusive access to world-famous Lake Fork with private fishing piers and boat ramps. Amenities include a clubhouse, saltwater pool, playgrounds, basketball court, picnic areas, and an active calendar of potlucks, chair yoga, Veterans Club, Bible study, crafts, and social events. ATVs, UTVs, and golf carts are welcome on the private roads.
There is a $55,000 assumable note with 3.25% Interest.
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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 |
|---|---|---|---|
| Jul 19, 2026 | Price Decreased |
$149,900
↓ $9K
(5.7%) | |
| Price Decreased | |||
| Jun 5, 2026 | Listed by Real Broker, LLC | $159,000 | |
| Listed by Real Broker, LLC | |||
| Jan 1, 2026 | No longer available | - | |
| No longer available | |||
| Nov 18, 2025 | In contract | - | |
| In contract | |||
| Jul 31, 2025 | Price Decreased |
$179,900
↓ $10K
(5.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017