1070 Piney Grove
About This Property
Inside, the home features tall ceilings, abundant natural light, stained concrete floors, and an open-concept layout perfect for gatherings. The kitchen with large island flows seamlessly into the living area and includes a walk-in pantry and easy-access dishwasher. Two large bedrooms are downstairs, with two open loft bedrooms upstairs. A washer and dryer closet is conveniently located near the kitchen, with additional storage under the stairs.
The land has previously supported abundant orchards and gardens, with water, electric, and gas already run to those areas-making it easy to expand, build a barn, or create your own garden spaces. A water well with treatment system services the property, and the rich East Texas sandy loam soil welcomes horses and livestock.
Texas country living at its finest. Live off the Grid and be close to larger East Texas Cities. Don't miss this one. Seller Reserves Minerals that are owned, buy agent to confirm schools, and details. Concrete space is 77ft deep and 60 ft wide.
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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 |
|---|---|---|---|
| Apr 30, 2026 | Price Decreased |
$750,000
↓ $100K
(11.8%) | |
| Price Decreased | |||
| Mar 2, 2026 | Listed by Keller Williams Realty Athens | $850,000 | |
| Listed by Keller Williams Realty Athens | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017