206 County Road 3661
About This Property
The land offers ample room for outdoor use, hobbies, or future improvements, with no HOA restrictions noted. Surrounded by other rural homes and acreage, this location is well suited for buyers looking for a primary residence, weekend retreat, or long-term investment in Northeast Texas.
Enjoy easy access to nearby highways, local schools, and shopping while still benefiting from the peace and quiet of a county road location.
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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 |
|---|---|---|---|
| Jan 14, 2026 | Listed by Realty Right | $75,000 | |
| Listed by Realty Right | |||
| Jan 12, 2026 | No longer available | - | |
| No longer available | |||
| Nov 1, 2025 | In contract | - | |
| In contract | |||
| Oct 7, 2025 | Price Decreased |
$89,900
↓ $14K
(13.6%) | |
| Price Decreased | |||
| Sep 11, 2025 | Listed by United Real Estate DFW | $104,000 | |
| Listed by United Real Estate DFW | |||
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Charming single-story home with endless potential! This property features a welcoming front porch, large windows that bring in plenty of natural light, and a spacious yard perfect for gardening or outdoor activities. The rustic wood siding gives the home character, and with some updating, this property could easily be transformed into a cozy country retreat. The metal roof offers durability but will need some TLC, making this a great opportunity for buyers looking to add their personal touch and value.
Don't miss out on a great investment opportunity!
Buyer and buyer's agent to verify ALL information.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017