187 Private Road 125
About This Property
Located just minutes from two championship golf courses, Lake Whitney's renowned boating and fishing, multiple state and federal parks, and a full equestrian park with RV camping, the outdoor lifestyle here is unmatched. With quick access to I-35, you're less than an hour from both the DFW metroplex and Waco, making this an ideal escape that still keeps you connected.
For hunters, the property is a dream come true, with abundant white-tailed deer, hogs, and turkey roaming throughout the acreage. The combination of creek frontage, hardwood cover, and open areas creates a habitat that consistently attracts wildlife. This property had 2 IDs 127096 & 127115
What truly sets this property apart is the rare convenience of having all utilities already in place. A water meter, electric meter, and septic system are installed and ready for immediate use, saving you time, money, and hassle. Opportunities like this are few and far between, making this one of the best land offerings you'll find in 2026.
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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 10, 2026 | Sold | ||
| Sold | |||
| Jan 13, 2026 | In contract | - | |
| In contract | |||
| Jan 7, 2026 | Listed by Weichert, Realtors - The Eastland Group | $320,000 | |
| Listed by Weichert, Realtors - The Eastland Group | |||
| Dec 30, 2025 | No longer available | - | |
| No longer available | |||
| Jul 10, 2025 | Price Decreased |
$569,562
↓ $131K
(18.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017