Lot 53 Water front club
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2026 | Price Decreased |
$223,000
↓ $2K
(0.9%) | |
| Price Decreased | |||
| Aug 16, 2026 | Price Decreased |
$225,000
↓ $90K
(28.6%) | |
| Price Decreased | |||
| Aug 5, 2026 | Listed by Keller Williams Lonestar DFW | $315,000 | |
| Listed by Keller Williams Lonestar DFW | |||
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Some properties give you a place to build. This one gives you the opportunity to create an entire lake lifestyle. Set on 3.350 beautiful waterfront acres in The Waterfront Club on Lake Halbert, this exceptional homesite offers the space, scenery, and shoreline setting to turn your vision of lake living into reality. Imagine designing your custom home surrounded by open space and Texas skies, stepping outside to peaceful water views, and spending weekends on the lake without ever having to leave your own community. With more than three acres to work with, there is room to thoughtfully position your home, create inviting outdoor living spaces, and take full advantage of the waterfront setting while still enjoying a sense of privacy that can be difficult to find in a lake community. The Waterfront Club brings even more to the experience with gated access and amenities designed around enjoying life outdoors, including a private boat ramp, swimming pool, outdoor entertainment clubhouse with fitness center, mini golf, sports courts, and marina slips available for purchase. Short-term rentals are permitted, opening the door for those considering a vacation property or investment, and the 1,600-square-foot minimum home size provides flexibility when designing your future lake home. And while it may feel like your own peaceful escape, you're not tucked away from everything. Convenient access to US Highway 287 and I-45 makes getting to Corsicana and traveling toward the DFW area or other surrounding communities easy, giving you the best of both worlds—lake life when you want it and accessibility when you need it. Whether you're dreaming of a full-time lake home, a weekend getaway, or a property with investment potential, this is one you'll want to experience in person. Walk the land, stand along the water, take in the views, and start imagining what 3.350 acres of waterfront possibilities could look like when they're yours.
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| Jul 8, 2026 | Listed by RE/MAX Lakeside Dreams | $175,000 | |
| Listed by RE/MAX Lakeside Dreams | |||
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Discover the perfect blend of lake living, recreation, and investment potential with this exceptional 2.45-acre waterfront homesite in the sought-after Waterfront Club on Lake Halbert in Corsicana. Boasting an impressive 177 feet of shoreline, this spacious property provides the ideal setting to design a custom lake home where mornings begin with peaceful water views and evenings end watching colorful sunsets from your own backyard. A current survey is included, making it even easier to begin planning your dream retreat.
Whether you're looking for a full-time residence, weekend escape, or vacation rental investment, this property offers outstanding flexibility with short-term rentals permitted and a minimum home size of just 1,600 square feet. Waterfront Club was designed for those who love an active outdoor lifestyle, offering gated access, a private boat ramp, marina slips available for purchase, an outdoor entertainment clubhouse with a fitness center, swimming pool, mini golf, and sports courts. Spend your days boating, kayaking, fishing, swimming, or simply relaxing by the water, then enjoy resort-style amenities just minutes from your front door. If you've been searching for a place where every day feels like a getaway, this is an opportunity you won't want to miss.
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| Jul 7, 2026 | Price Decreased |
$75,000
↓ $135K
(64.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017