158 Jake Sparks Drive
About This Property
This beautifully remodeled double-wide home offers the perfect blend of space, comfort, and country freedom. Sitting on almost a full acre outside city limits with no restrictions, this property gives you the flexibility to truly make it your own - whether that means adding a shop, garden, RV parking, or future improvements.
With just under 2,500 square feet, the home features 4 spacious bedrooms and 3 full bathrooms, providing room for growing families, multigenerational living, or home office space. The layout creates a warm and inviting atmosphere, ideal for entertaining or relaxing after a long day.
Step outside to the beautiful covered front porch, the perfect place to enjoy your morning coffee, unwind in the evenings, or watch the kids and pets play in the wide-open yard.
Located minutes from Homestead Heritage and just a short drive to Waco, you'll enjoy peaceful country living while still having easy access to shopping, dining, entertainment, medical facilities, and schools.
With owner financing available, this property creates an incredible opportunity for buyers who may not qualify for traditional lending - making homeownership more attainable than ever.
Homes with this much space, land, and flexibility at this price point are rare. Don't miss your chance to make this one yours!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 6, 2026 | Sold | ||
| Sold | |||
| Jan 29, 2026 | In contract | - | |
| In contract | |||
| Jan 14, 2026 | Listed by Texas Premier Realty | $249,900 | |
| Listed by Texas Premier Realty | |||
| Jun 12, 2025 | Sold | ||
| Sold | |||
| Mar 11, 2025 | Listed by Bentwood Realty | $51,400 | |
| Listed by Bentwood Realty | |||
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Here is your chance to buy your very own little slice of heaven on just under an acre! Enjoy the quiet country life and build your dream home or come visit on weekends for the perfect getaway. This property is fenced and includes a septic system and electricity installed. Water meter is available through Gholson Water Supply. Outside city limits so no restrictions!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017