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Franklin
Lot 236 Canadian Drive
Photo of Lot 236 Canadian Drive

12

Map

Photo of Lot 236 Canadian Drive
Photo of Lot 236 Canadian Drive
$11,000
● Land - For Sale

Lot 236 Canadian Drive

Scroggins, TX 75480
bedrooms
Studio
bathrooms
0 Bath
$103
Est. Monthly
$42
HOA / Fees

About This Property

Tucked beneath a canopy of mature trees, this beautiful .33-acre homesite offers the perfect setting for a full-time residence or weekend retreat in a private gated community near Lake Cypress Springs. Imagine starting your mornings with a cup of coffee on the porch, listening to birdsong and leaves rustling in the breeze, surrounded by the peace and beauty of nature. Whether you're looking to build your dream home or a relaxing getaway, this wooded lot provides privacy, tranquility, and access to one of East Texas' most desirable lake communities.
Unit Size
-
Days on Market
-
Land Size
0.34 acres
Price per sqft
-
Property Type
Land
Property Taxes
$6
HOA Dues
$42
Year Built
-

Listed By

Melissa Elliott

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 9 days ago (NTREIS #21286625)

Price History

Date / Event Date Event Price
May 31, 2026 Listed by LPT Realty, LLC $11,000
Listed by LPT Realty, LLC
Jun 25, 2025 Temporarily off market -
Temporarily off market
Apr 22, 2025 Listed by Leslie Cain Realty $10,000
Listed by Leslie Cain Realty
Perfectly located on Lake Cypress, one of the most beautiful recreational AND fishing lakes in Texas, this prime lot in Pine Valley is ready for your dream home. Nestled in a wooded setting, it offers the ideal blend of natural beauty and modern convenience. Pine Valley boasts numerous amenities, including a clubhouse with a swimming pool, tennis courts, and private boat docks. Conveniently located within 15 minutes of the charming East Texas towns of Mt. Vernon, Winnsboro, and Pittsburg, you'll enjoy easy access to their unique attractions and services.

Property Highlights

Exterior Details
Lot Features: Interior Lot, Many Trees
Lot Size Area: 0.338
Lot Size Units: Acres
Lot Size Acres: 0.338
Lot Size Square Feet: 14723.28
Tax Lot: 236
Financial Details
Tax Annual Amount: $77
Location Details
HOA/Condo/Coop Fee Includes: Full Use of Facilities
HOA Fee: $500
HOA Fee Frequency: Annually
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Franklin

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$231

Below Asking

0.04%

Average Days on Market

96

Average Home Size

2394 ft²

Average Home Age

33 years

Currently For Sale

71 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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NTREIS

Listed by: Melissa Elliott, LPT Realty, LLC
Last Updated: 9 days ago
Data Source: NTREIS MLS, MLS# 21286625
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 236 Canadian Drive built and last sold?
The property at 236 Canadian Drive was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 236 Canadian Drive is $11,110.
What are some comparable homes to 236 Canadian Drive?
There are currently no comparable homes to 236 Canadian Drive.
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