11 N Main Street
About This Property
Situated within a tight-knit, welcoming rural community featuring two active churches, the property is proudly served by the respected Achille School District. Outdoor enthusiasts will love being just 4 miles from the Red River, offering quick access to premier fishing, ATV riding, and river recreation.
Location is everything here, combining quiet country charm with unbeatable regional convenience: enjoy a seamless 18-minute commute across the Texas border into Denison for shopping and dining, and live just 18 miles from Choctaw Casino & Resorts, giving you quick access to world-class entertainment, concerts, and major employment opportunities. Bring your vision, your tools, and your manufactured home plans to uncover this diamond in the rough-schedule a look today!
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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 |
|---|---|---|---|
| Sep 30, 2026 | In contract | - | |
| In contract | |||
| Jul 25, 2026 | Listed by David Norman Land Company | $39,900 | |
| Listed by David Norman Land Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017