1392 E US Highway 69
About This Property
With frontage along Highway 69 as well as county road frontage spanning the entire west boundary, the property is well positioned for potential subdivision and development. The land is predominantly flat and usable, featuring multiple large ponds, minimal floodplain, and a configuration that would allow for efficient division while maximizing overall use.
For buyers not seeking development, the property functions seamlessly as an agricultural investment. The existing cattle operation may be continued, leased out, or converted to hay production, offering flexible income options. The on-site improvements provide a comfortable residence ideal for a property manager or owner-operator, while the land itself represents a secure investment in an area with continued growth and appreciation.
Whether your vision is future development, agricultural use, or long-term land banking, this property offers versatility, access, and enduring value. Shown by appointment only-contact us today to schedule your private tour.
Well built 3BR 3BA approx. 3,800 sq ft home with pool
Frontage on Hwy 69 plus county road access along entire west side
Mostly flat, highly usable terrain
Multiple large ponds and minimal floodplain
Currently operated as a residence and cattle operation
Recreation opportunities are great with whitetail deer hunting, waterfowl hunting, fishing, atv riding, and much more
Less than an hour from Dallas and Tyler, under thirty minutes from Greenville, and less than half an hour from World Famous First Mondays in Canton
Boundaries in yellow are approximate and to be verified by survey
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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 |
|---|---|---|---|
| Dec 20, 2025 | Listed by Whitetail Properties Real Estate | $4,900,000 | |
| Listed by Whitetail Properties Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017