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Map
11920 Woodcrest Drive
About This Property
peaceful setting made for escaping the everyday. Spend your weekends fishing, relaxing by the water and enjoying the kind of
privacy that is becoming harder and harder to find. The property currently includes a compact mobile home, a lake-view salon
building with half bath and additional storage structures- offering a variety of possibilities. Keep it as a laid-back recreational
retreat, create your own fishing camp, use the salon as a studio, office or creative space, or bring your own vision to this truly
unique piece of Texas. Two docks provide lake access. The property also boasts a 24" spill pipe in the dam as well as at the 2nd dock to prevent flooding. Property and improvements are being offered as-is. Come see the possibilities and make this private little getaway your own!
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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 25, 2026 | Listed by eXp Realty, LLC | $199,900 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017