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1640 E Jeter Road
About This Property
Let your imagination run wild-whether you're planning a statement-making residence, a purpose-built equestrian layout, or a multi-generational living arrangement with thoughtfully designed guest accommodations. Multiple prime building sites allow you to tailor the land to your lifestyle, from expansive outdoor living to functional accessory structures.
This property also presents a compelling buy-and-hold investment opportunity, with the agricultural exemption offering exceptionally low carrying costs while the area continues to grow in demand and value.
Enjoy the privacy and openness of true acreage living while staying close to the suburban conveniences that make this location so desirable. Situated within Denton ISD, the property offers a blend of seclusion, accessibility, and long-term appeal. Electric and Cross Timbers Water are available at the road; septic required.
Large parcels this close to Lantana amenities are exceptionally rare. Whether your vision leans toward luxury living, equestrian use, multi-generational flexibility, or a strategic land investment, this property provides the setting and versatility to bring it to life.
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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 |
|---|---|---|---|
| Sep 3, 2026 | Relisted | $1,899,999 | |
| Relisted | |||
| Jul 29, 2026 | In contract | - | |
| In contract | |||
| May 5, 2026 | Price Decreased |
$1,999,999
↓ $150K
(7%) | |
| Price Decreased | |||
| Apr 10, 2026 | Listed by Newland Real Estate, Inc. | $2,150,000 | |
| Listed by Newland Real Estate, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017