1087 County Road 201
About This Property
Opportunity awaits with this offering of three waterfront lots in an excellent Sargent location. The existing home is being sold as-is for lot value only. Bulkhead (on one lot), a pier, and room to build your dream coastal getaway or investment property. RV Hookups on other lots. Just minutes from Sargent Beach and within walking distance to bait camps and the public boat ramp, this property puts you in the heart of Sargent's fishing and boating scene. Come invest in one of the Texas coast's best-kept secrets!
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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 |
|---|---|---|---|
| Dec 22, 2025 | Sold | ||
| Sold | |||
| Nov 13, 2025 | In contract | - | |
| In contract | |||
| Oct 16, 2025 | Price Decreased |
$155,000
↓ $15K
(8.8%) | |
| Price Decreased | |||
| Sep 17, 2025 | Price Decreased |
$170,000
↓ $10K
(5.6%) | |
| Price Decreased | |||
| Aug 15, 2025 | Listed by TopWater Real Estate LLC | $180,000 | |
| Listed by TopWater Real Estate LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017