$140,000
●
Land -
Off Market
148 Flying Diamond Drive
Springtown, TX 76082
Studio
0 Bath
$178,085
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model
About This Property
AGENT BONUS $500 with full priced offer. Breaks my heart to
sell !!!!! My little private lake is approximately one acre
dredged out with new overflow, intake, and dam. Lake is creek
and spring-fed. Rich dredge soil in piles awaiting build job
completion for great topsoil. A gazillion oak trees.
The water well has been dug and the temporary electrical pole
installed. There are several springs and a creek feeding the
lake so it is here to stay. Most lots have beautiful custom
homes already. Perfect site for your dream home.
Unit Size
-
Days on Market
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Land Size
3.07 acres
Price per sqft
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Property Type
Land
Property Taxes
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 6 months ago (NTREIS #14473612)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 16, 2025 | Sold | ||
| Sold | |||
| May 11, 2025 | In contract | - | |
| In contract | |||
| Sep 27, 2024 | No longer available | - | |
| No longer available | |||
| Sep 27, 2024 | Listed by Martin Realty Group | $155,000 | |
| Listed by Martin Realty Group | |||
| | |||
|
**MOTIVATED SELLERS!!** Just over 3 acres with your own private pond, stocked with fish! Picture building your perfect home looking out onto the water or looking out into the big beautiful trees. The pond has been dredged and that soil is on the property for you to use in building your home or your flower beds. The pond also has an overflow pond with a dam. This pond is creek fed so it will keep water in your large pond. It also already has a concrete pad for you to install your own water fountain. Think of all the possibilities you have with this land. Come take a look and make it your own!
| |||
| Oct 23, 2022 | Listed by Martin Realty Group | $165,000 | |
| Listed by Martin Realty Group | |||
| | |||
|
MOTIVATED SELLERS!! Just over 3 acres with your own private pond, stocked with fish! Picture building your perfect home looking out onto the water or looking out into the big beautiful trees. The pond has been dredged and that soil is on the property for you to use in building your home or your flower beds. The pond also has an overflow pond with a dam. This pond is creek fed so it will keep water in your large pond. It also already has a concrete pad for you to install your own water fountain. Think of all the possibilities you have with this land. Come take a look and make it your own!
| |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Parker
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Listed by: Elwanna Mceuen, Capital Real Estate
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14473612
Details provided by NTREIS and may not match the public record
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14473612
Details provided by NTREIS and may not match the public record
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