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23500 Champion Drive
About This Property
Outdoor living is designed to be just as enjoyable, with a covered patio and welcoming front porch overlooking the spacious 1.26-acre homesite. Additional planned features include a 2-car front-entry garage, concrete driveway, aerobic septic system, municipal utility district water, 200+ amp electrical service, and composition roof. A 1-year warranty is available, providing additional peace of mind with this new-construction purchase. Located in Lindale with Lindale schools, Stallion Lake Ranch offers an attractive East Texas setting with room to enjoy the land while remaining convenient to nearby amenities and major routes. As a presale, this property provides an opportunity to purchase a thoughtfully designed new home before construction is complete. If you're searching for a new construction home, acreage property, 4-bedroom home, or East Texas property in Lindale, 23500 Champion Dr offers an exciting opportunity to make this homesite your own.
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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 |
|---|---|---|---|
| Sep 18, 2026 | Listed by Keller Williams Realty-Tyler | $549,000 | |
| Listed by Keller Williams Realty-Tyler | |||
| Jul 30, 2026 | Sold | ||
| Sold | |||
| Jun 16, 2026 | In contract | - | |
| In contract | |||
| Mar 26, 2026 | Price Decreased |
$80,000
↓ $8K
(8.6%) | |
| Price Decreased | |||
| Dec 10, 2025 | Listed by I-20 Team Real Estate, LLC | $87,500 | |
| Listed by I-20 Team Real Estate, LLC | |||
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Don't miss out on one of the last waterfront lots in Stallion Lake Ranch! Imagine building a home on this large, 1.259 acre, waterfront property in Stallion Lake Ranch! This equestrian community in East Texas features community amenities for you and your horse(s): a barn office with restrooms, a community horse barn, round pen, arena, covered patio, basketball goal, pipe fenced horse pastures, walker, washing areas, and a tack room. This peaceful and serene neighborhood would be the perfect place to build your next home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017