1131 Vz CR 3815
About This Property
The land is the true star rolling, grazing pastures with quality grasses make this property livestock-ready from day one, with an existing ag valuation already in place. A 2-stall shed and and an open shed give you covered space for animals and equipment, while two storage containers add extra room to keep everything organized. A gated entrance welcomes you onto the property.
Nature lovers will love the large stocked pond with its own dock, perfect for casting a line, while Milton Holland Creek winds through the property adding even more character and water access. The acreage also offers great hunting, with deer and turkey frequently spotted.
Location is unbeatable: minutes from First Monday Trade Days in Canton and Lake Tawakoni, with an easy commute east of Dallas.
Whether you're building a working ranch, a hunting lodge, an investment property, or a peaceful homestead with room to roam, this East Texas property offers rare land, history, and location all in one.
An adjacent 47 acres is also available for purchase, offering an exciting opportunity to expand your footprint even further. New survey available
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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 |
|---|---|---|---|
| Oct 27, 2026 | Price Decreased |
$914,000
↓ $55K
(5.7%) | |
| Price Decreased | |||
| Sep 2, 2026 | Relisted | $969,000 | |
| Relisted | |||
| Aug 21, 2026 | In contract | - | |
| In contract | |||
| Jul 29, 2026 | Listed by Keller Williams Rockwall | $969,000 | |
| Listed by Keller Williams Rockwall | |||
| Apr 14, 2026 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017