131 Century Oaks Lane
About This Property
Located inside the gated Ranches at Century Oaks, this property is far more than raw land. The heavy lifting has already been done-and that's a big deal. A new aerobic septic system, water meter with water lines, and electric service are already installed, representing over $30,000 in infrastructure you won't have to budget or wait for. Those are the hard, expensive steps-and they're complete.
The owner has thoughtfully cleared a driveway, a primary homesite, and an additional pad site ideal for a cabin, guest house, or workshop, with utilities already run to that location as well. Whether you're planning a full-time residence, a weekend escape, or a future build, this property is truly ready for you to move forward.
An ag exemption is already in place to help keep property taxes low, and the views are nothing short of spectacular-wide-open, scenic, and unmistakably Texas.
If you've been searching for acreage that offers privacy, security, incredible views, and major cost-saving upgrades already in place, this is the one. Build now or later, but opportunities like this don't come along often in a setting like Century Oaks.
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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 |
|---|---|---|---|
| Feb 3, 2026 | Listed by Faith & Legacy Realty | $129,900 | |
| Listed by Faith & Legacy Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017