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23151 Champion Drive
About This Property
Inside, the gourmet kitchen serves as the centerpiece, featuring granite countertops, a gas cooktop, built-in grill, large island with sink, and an oversized pantry. Additional upgrades include a whole-house water filtration system, central vacuum, and a versatile upstairs fourth bedroom or bonus room that can function as a media room, office, or flex space.
Step outside to a private outdoor retreat complete with an outdoor kitchen featuring a stainless-steel sink, refrigerator, grill and flat-top, and a luxurious jacuzzi designed for relaxing after a long ride or hosting guests. The property is fully landscaped and welcomes you with a double-gated entrance and a custom steel horse head feature at the drive.
Equestrian amenities include a 60x54 horse barn with a full-length covered concrete pad for shaded grooming and care, plus a separate well dedicated to barn use. Directly behind the barn is over three acres of fully fenced pasture. Pets are accommodated with a heated and air-conditioned pet house and chain-link run.
Conveniently located approximately five miles from Texas Horse Park, 19 miles from Tyler, and just over an hour from Dallas, this property offers privacy, functionality, and a true country lifestyle within a premier equestrian community.
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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 |
|---|---|---|---|
| Aug 28, 2026 | Sold | ||
| Sold | |||
| May 27, 2026 | In contract | - | |
| In contract | |||
| Feb 16, 2026 | Listed by Keller Williams Realty-Tyler | $999,000 | |
| Listed by Keller Williams Realty-Tyler | |||
| Nov 28, 2025 | No longer available | - | |
| No longer available | |||
| Jul 16, 2025 | Price Decreased |
$1,030,000
↓ $45K
(4.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017