135 Dixie Cove
About This Property
Designed for entertaining, family gatherings, full-time living, vacation use or STR investment, this exceptional home features an oversized 3-car garage, theater/media room with projection system & Dolby surround sound, scullery kitchen, custom bunk room with built-in bunks & slide, 2 laundry rooms and spa-inspired primary bath with Italian porcelain tile and oversized 4-head shower.
Premium features include 4 HVAC systems, spray foam insulation, 2 tankless water heaters, fiber-optic internet, whole-home water purification, water softener, Ecobee thermostats, smart garage door openers & plantation shutters.
Enjoy a large covered rear patio overlooking peaceful green space, already plumbed with gas, water & electric for a future outdoor kitchen. Lake amenities include a 12'x30' boat slip with HydroHoist lift PLUS 2 PWC ports.
Sold fully furnished and move-in ready! A rare opportunity combining acreage, privacy, luxury, lake access and turnkey convenience in one of Lake Eufaula's sought-after gated communities.
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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 |
|---|---|---|---|
| Aug 20, 2026 | Price Decreased |
$992,000
↓ $77K
(7.2%) | |
| Price Decreased | |||
| Jul 23, 2026 | Price Decreased |
$1,069,000
↓ $30K
(2.7%) | |
| Price Decreased | |||
| Jul 11, 2026 | Listed by eXp Realty, LLC | $1,099,000 | |
| Listed by eXp Realty, LLC | |||
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Experience luxury Lake Eufaula living in this fully furnished 6BR/4.5BA home on approx. 3 acres in gated Dixie Point! SELLER OFFERING UP TO $10,500 IN IMPROVEMENT CREDITS with acceptable offer—up to $6,500 toward rear patio/deck completion or customization PLUS up to $4,000 toward landscaping, subject to lender/closing guidelines.
Designed for entertaining, family gatherings, full-time living, vacation use or STR investment, this exceptional home features an oversized 3-car garage, theater/media room with projection system & Dolby surround sound, scullery kitchen, custom bunk room with built-in bunks & slide, 2 laundry rooms and spa-inspired primary bath with Italian porcelain tile and oversized 4-head shower.
Premium features include 4 HVAC systems, spray foam insulation, 2 tankless water heaters, fiber-optic internet, whole-home water purification, water softener, Ecobee thermostats, smart garage door openers & plantation shutters.
Enjoy a large covered rear patio overlooking peaceful green space, already plumbed with gas, water & electric for a future outdoor kitchen. Lake amenities include a 12’x30’ boat slip with HydroHoist lift PLUS 2 PWC ports.
Sold fully furnished and move-in ready! A rare opportunity combining acreage, privacy, luxury, lake access and turnkey convenience in one of Lake Eufaula’s sought-after gated communities.
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| Jun 19, 2026 | Listed by eXp Realty, LLC | $1,099,000 | |
| Listed by eXp Realty, LLC | |||
| Apr 27, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017