136 SE County Road 3048
About This Property
Inside, the spacious layout provides plenty of room to spread out with generous living areas designed for both everyday comfort and entertaining. Natural light fills the home, creating a warm and inviting atmosphere throughout. Whether you're hosting friends after a day on the lake or simply enjoying a quiet evening at home, the flexible floor plan makes it easy to live and relax.
Located on an interior lot in Sunrise Point, the property offers convenient access to Richland Chambers Lake while still providing a peaceful residential setting. The community features all-weather roads, utilities available, and the benefits of being just outside city limits for a quieter lifestyle.
With Mildred ISD schools and an annual HOA that provides use of neighborhood facilities, this property is ideal for full-time living, a weekend lake retreat, or an investment opportunity near one of North Texas' favorite recreational lakes.
Come experience the relaxed pace of lake area living in Sunrise Point.
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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 |
|---|---|---|---|
| Mar 25, 2026 | Listed by RE/MAX Lakeside Dreams | $279,000 | |
| Listed by RE/MAX Lakeside Dreams | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017