186 Exploration Road
About This Property
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Apr 28, 2026 | Listed by CB&A, Realtors | $115,000 | |
| Listed by CB&A, Realtors | |||
| Jan 4, 2026 | No longer available | - | |
| No longer available | |||
| Oct 27, 2025 | Listed by Texas Grand Real Estate Inc. | $126,999 | |
| Listed by Texas Grand Real Estate Inc. | |||
| | |||
|
Rare 1.5-Acre Interior Lot in Beautiful Deer Forest!
Discover the perfect blend of privacy and convenience with this 1.5-acre interior lot featuring wide frontage along Exploration Road and a gentle terrain ideal for your custom home. Enjoy a picturesque mix of mature trees and open space, creating a peaceful country setting. Located on the outskirts of Willis and zoned to sought-after New Waverly ISD, this property offers the serenity of the countryside with shopping, dining, hospitals, and entertainment just minutes away. Paved roads, underground power, high-speed fiber internet, and low taxes with no MUD tax. Most residents install underground propane. High and dry with an average elevation around 400 feet above sea level—perfect for your forever home in scenic Walker County.
| |||
| Jan 21, 2025 | Price Decreased |
$129,900
↓ $4K
(3%) | |
| Price Decreased | |||
| Sep 6, 2024 | Listed | $133,900 | |
| Listed | |||
| | |||
|
Rare Large 1.50 ACRES IN DEER FOREST > INTERIOR LOT WITH WIDE FRONTAGE ON EXPLORATION ROAD > GENTLE TERRAIN WITH BEAUTIFUL BACKYARD > GREAT MIXTURE OF MATURE TREES > Located on the outskirts of Willis with nearby shopping and sought after New Waverly schools. Large lot wooded community with gentle rolling hills. Peaceful privacy. You will never be crowded by neighbors. Walker County - a country lifestyle for your custom forever home. Trees, paved roads, water, most install underground propane, HIGH SPEED fiber optic internet & underground power through out. Minutes from shopping, dining, schools, hospitals, and entertainment. Low taxes - No MUD tax. High & Dry. Average elevation is 400’ above sea level.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017