231 County Road 2267
About This Property
-The Only Lake Holbrook Waterfront Lot on the Market!
-4 mins from Beach & Boat Ramp
-No Restrictions or HOA!
-Paved Road Frontage
-Power & Water Available, Septic-Approved
Build your dream home or weekend getaway on this scenic 4.9-acre residential lot on the welcoming shores of Lake Holbrook. Offering the perfect blend of freedom and community, this property is ideal for anyone looking to enjoy lakeside living with no restrictions. No HOA Restrictions: Enjoy complete freedom – the Lake Holbrook Estates HOA has been dissolved. Build how you want while still benefiting from a safe, high-end neighborhood vibe. It's the ONLY waterfront lot currently available on Lake Holbrook so this is quite literally a unique opportunity. Build a dock and soak in the warm Texas sun while you sit back and relax at the water.
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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 |
|---|---|---|---|
| Jan 29, 2025 | Sold | ||
| Sold | |||
| Dec 15, 2024 | In contract | - | |
| In contract | |||
| Dec 10, 2024 | Listed by ListWithFreedom.com | $99,900 | |
| Listed by ListWithFreedom.com | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017