$199,000
●
Land -
Off Market
149 Lock Mountain Road
Avinger, TX 75630
Studio
0 Bath
$978
Est. Monthly
About This Property
6 LOT INVESTOR SPECIAL! STUNNING waterfront and waterview lots on
Lake of the Pines, in the beautiful Lock Mountain addition! This
lot is tucked away perfectly for peaceful privacy, and offers
beautiful views of the lake. Less than 1 mile from Alley Creek boat
ramp, only 10 minutes from the famous historic district of downtown
Jefferson, and only 30 minutes from Longview. If you've been
wanting a waterfront lot to build your dream get away, THIS IS THE
SPOT! Corps of Engineers land is between lot and lake.Permissible
activities on Corps land: walking around the property, fishing ,
swimming, and can potentially get a permit for 6ft wide walking
path to the lake. Restricted activities on Corps land: cutting
trees without permit, mowing, and constructing a dock.
Unit Size
-
Days on Market
-
Land Size
1.20 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2021
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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: 3 years ago (NTREIS #20624806)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 26, 2024 | No longer available | - | |
| No longer available | |||
| May 23, 2024 | Listed by Dwell Realty | $199,000 | |
| Listed by Dwell Realty | |||
| May 1, 2024 | No longer available | - | |
| No longer available | |||
| Nov 27, 2023 | Listed by Dwell Realty | $199,000 | |
| Listed by Dwell Realty | |||
| | |||
|
6 LOT INVESTOR SPECIAL! STUNNING waterfront and waterview lots on Lake of the Pines, in the beautiful Lock Mountain addition! This lot is tucked away perfectly for peaceful privacy, and offers beautiful views of the lake. Less than 1 mile from Alley Creek boat ramp, only 10 minutes from the famous historic district of downtown Jefferson, and only 30 minutes from Longview. If you've been wanting a waterfront lot to build your dream get away, THIS IS THE SPOT! Corps of Engineers land is between lot and lake.Permissible activities on Corps land: walking around the property, fishing , swimming, and can potentially get a permit for 6ft wide walking path to the lake. Restricted activities on Corps land: cutting trees without permit, mowing, and constructing a dock.
| |||
| Nov 1, 2023 | Listed by Dwell Residential LLC | $199,000 | |
| Listed by Dwell Residential LLC | |||
| | |||
|
6 LOT INVESTOR SPECIAL! STUNNING waterfront and water view lots on Lake of the Pines, in the beautiful Lock Mountain addition! This lot is tucked away perfectly for peaceful privacy, and offers beautiful views of the lake. Less than 1 mile from Alley Creek boat ramp, only 10 minutes from the famous historic district of downtown Jefferson, and only 30 minutes from Longview. If you've been wanting a waterfront lot to build your dream get away, THIS IS THE SPOT! Corps of Engineers land is between lot and lake. Permissible activities on Corps land: walking around the property, fishing , swimming, and can potentially get a permit for 6ft wide walking path to the lake. Restricted activities on Corps land: cutting trees without permit, mowing, and constructing a dock.
| |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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About Marion
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Listed by: Jacob Ashley, Dwell Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20624806
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20624806
Details provided by NTREIS and may not match the public record
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