205 Thousand Oaks
About This Property
The approximately 1,764-square-foot shop is an extraordinary bonus, offering electricity, sink, wood stove, enclosed RV/boat stall, additional upstairs storage and a separate utility garage for lawn equipment, motorcycles or other toys. The property also offers rural water, a well and sprinkler system. Located in desirable Green Oaks Addition near Lake Texoma, this special property combines privacy, acreage, extensive updates and remarkable garage/shop space approximately 15 minutes from Denison.
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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 |
|---|---|---|---|
| Oct 10, 2026 | In contract | - | |
| In contract | |||
| Sep 6, 2026 | Price Decreased |
$599,900
↓ $25K
(3.9%) | |
| Price Decreased | |||
| Aug 25, 2026 | Listed by Ebby Halliday REALTORS | $624,500 | |
| Listed by Ebby Halliday REALTORS | |||
| Dec 17, 2023 | No longer available | - | |
| No longer available | |||
| Dec 14, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017