11164 County Road 1617
About This Property
Welcome to your private East Texas retreat! Built in 2017, this rare property features two custom homes nestled on almost 30 acres of beautiful, unrestricted land. The main residence offers 4 spacious bedrooms, 2 bathrooms, and an open-concept layout designed for comfort and entertaining. Step outside to your custom in-ground pool, perfectly positioned to overlook a serene stocked pond - loaded with catfish and ideal for peaceful afternoons by the water.
The guest house is a fully equipped 2 bed, 2 bath home, perfect for extended family, guests, or rental income. This property also includes a large barn, offering ample space for equipment, storage, or livestock.
With no restrictions, the possibilities are endless - whether you're looking for a private homestead, income-producing property, or a weekend escape. Enjoy wide-open spaces, abundant wildlife, and total freedom in a tranquil country setting.
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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 |
|---|---|---|---|
| Jun 16, 2025 | Sold | ||
| Sold | |||
| Apr 22, 2025 | Listed by Premier Property Group | $790,000 | |
| Listed by Premier Property Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017