119 Private Road 52614
About This Property
Each home is thoughtfully designed with its own private entrance and offers a comfortable floor plan featuring one bedroom, one bathroom, a full kitchen, and an inviting living area, providing everything needed for full-time living or a relaxing escape near the lake.
Adding even more value is the expansive shop, offering an abundance of space for storing boats, ATVs, vehicles, or creating the ultimate workshop for hobbies and projects. Multiple storage sheds throughout the property provide additional room for tools, lawn equipment, and all of your lake essentials.
Whether you're searching for a personal retreat or a place where family and friends can gather while enjoying everything Lake Bob Sandlin has to offer, this versatile property checks every box. Spend your days fishing, boating, and making memories on the water, then return home to the peace and privacy of your own East Texas escape.
With endless possibilities and an unbeatable location just moments from one of Northeast Texas' premier recreational lakes, this is a rare opportunity you won't want to miss!
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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 15, 2026 | In contract | - | |
| In contract | |||
| Jul 9, 2026 | Listed by Mayben Realty, LLC | $249,900 | |
| Listed by Mayben Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017