16705 Ridgeline Loop
About This Property
Discover the perfect blend of privacy and community on this expansive 5-acre property. Located in a peaceful, remote setting while still offering the warmth of a neighborhood feel, this property has everything you need to build your dream lifestyle.
Features you'll love:
Prime Location: Quick access to Hwy 271 and Interstate 20, making it easy to commute or explore nearby cities.
Convenience: Just minutes from Tyler and Longview, with an easy drive to the Dallas Fort Worth area.
Utilities Ready: Paved roads, water, and electric utilities already in place.
Stay Connected: High-speed fiber optic internet available for all your modern needs.
Excellent Schools: Zoned to the highly-rated Winona ISD.
Whether you're looking to create your dream home, start a homestead, or simply enjoy the peace and beauty of a large property, this lot is your canvas.
Schedule a tour today and take the first step toward making this incredible property yours!
Home 1,200 sqft min.
50 feet front setback, 5 feet back setback.
Guest Quarters min 500 sqft.
Shop restrictions.
Temporary living and usage restrictions.
Listed By
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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 |
|---|---|---|---|
| Dec 4, 2024 | Listed by Drake Real Estate | $140,000 | |
| Listed by Drake Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017