$37,500
●
Land -
For Sale
24043 Stonewood Drive
Whitney, TX 76692
Studio
0 Bath
$785
Est. Monthly
$600
HOA / Fees
About This Property
Two golf course lots located at the tee box of Hole 3 on the New
Course! The 2 abutting lots shall be purchased together for an
expanded home site - the list price is the per-lot purchase price
of lots 24042 and 24043 Stonewood. Combining lots via replat can be
done during a feasibility period. This site is a seriously serene
setting located within a 24-7 gated community on Lake Whitney - one
of the most prestigious lakes in Central Texas. Wildlife abounds &
roams freely within this POA community, which provides access to 4
swimming pools, 2 State and Nationally ranked 18-hole golf courses,
tennis courts, restaurants, marina, and more! Build your dream home
for permanent living, a weekend retreat, or a seasonal getaway.
Choose your own custom builder, or gain access to the Resort's
amenities through property ownership.
Unit Size
-
Days on Market
-
Land Size
0.26 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$600
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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: 2 years ago (NTREIS #21030401)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 2, 2025 | Listed by Garrett Murphree | $37,500 | |
| Listed by Garrett Murphree | |||
| Aug 1, 2025 | No longer available | - | |
| No longer available | |||
| Dec 12, 2024 | Listed by Garrett Murphree | $37,500 | |
| Listed by Garrett Murphree | |||
| | |||
|
Two golf course lots located at the tee box of Hole 3 on the New Course! The 2 abutting lots shall be purchased together for an expanded home site - the list price represents half the total purchase price of lots 24042 and 24043 Stonewood. Combining lots via replat can be done during a feasibility period. This site is a seriously serene setting located within a 24-7 gated community on Lake Whitney - one of the most prestigious lakes in Central Texas. Wildlife abounds & roams freely within this POA community, which provides access to 4 swimming pools, 2 State and Nationally ranked 18-hole golf courses, tennis courts, restaurants, marina, and more! Build your dream home for permanent living, a weekend retreat, or a seasonal getaway. Choose your own custom builder, or gain access to the Resort's amenities through property ownership.
| |||
| Dec 1, 2024 | No longer available | - | |
| No longer available | |||
| Jul 28, 2024 | Listed by Garrett Murphree | $89,900 | |
| Listed by Garrett Murphree | |||
| | |||
|
Two golf course lots locate at the tee box of Hole 3 on the New Course! The 2 abutting lots shall be purchased together for an expanded home site - the list price represents the combined purchase price of lots 24042 and 24043 Stonewood. Initiating replat can be done during a feasibility period. This site is a seriously serene setting located within a 24-7 gated community on Lake Whitney - one of the most prestigious lakes in Central Texas. Wildlife abounds & roams freely within this POA community, which provides access to 4 swimming pools, 2 State and Nationally ranked 18-hole golf courses, tennis courts, restaurants, marina, and more! Build your dream home for permanent living, a weekend retreat, or a seasonal getaway. Choose your own custom builder, or gain access to the Resort's amenities through property ownership.
| |||
Property Highlights
Exterior Details
Lot Features: Many Trees, On Golf Course, Brush
Lot Size Area: 0.257
Lot Size Units: Acres
Lot Size Acres: 0.257
Lot Size Square Feet: 11194.92
Tax Lot: 43
Location Details
HOA/Condo/Coop Fee Includes: Full Use of Facilities
HOA Fee: $600
HOA Fee Frequency: Semi-Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Hill
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Listed by: Garrett Murphree, Garrett Murphree
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 21030401
Details provided by NTREIS and may not match the public record
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 21030401
Details provided by NTREIS and may not match the public record
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