175 County Road 2267
About This Property
-4 mins from Beach & Boat Ramp!
-No HOA!
-Paved Road Frontage
-Power & Water Available, Septic-Approved
-No Floodplain or Wetlands
-Excellent Investment at a Large Volume Discount!
Opportunities like this are exactly what land investors look for: a large, discounted lot package in an established lakeside community with strong retail demand, low development hurdles, and multiple profitable exit strategies. This offering consists of 12 platted residential lots totaling 3.62 acres in the desirable Lake Holbrook Estates community near Mineola, Texas. Priced as a bulk acquisition, the package provides investors with a significant discount relative to individual lot values, creating immediate upside potential through lot resale, new construction, or a combination of all three. Ask us for the drone video!
Parcel IDs for 12 lots: R60681, R80277, R28177, R28193, R80232, R80233, R80234, R80237, R80238, R80239, R28209, R28210
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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 |
|---|---|---|---|
| Jun 17, 2026 | Listed by ListWithFreedom.com | $139,900 | |
| Listed by ListWithFreedom.com | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017