Anderson County Road 314
About This Property
The gently rolling terrain features approximately 170' of elevation change, creating a dynamic landscape of ridges and draws with natural springs. The property is predominantly wooded with mature native pine trees interspersed with scattered hardwoods such as oak and hickory. The understory is exceptionally open, allowing for excellent visibility beneath the canopy and making it ideal for wildlife observation or hunting.
One of the standout features is the approximately 12-ac section of a larger, mature lake situated in the northeastern corner of the property. With its blend of deep waters and shallow coves, this scenic lake offers excellent potential for recreational activities. The lake is fed by natural springs and a large watershed, maintaining stable water levels in most conditions. During wetter months, an earthen spillway transforms into a series of small waterfalls that feed into a creek south of the lake, adding to the property's unique charm. Electricity is available in the area but has not yet been extended onto the property.
With its diverse terrain, abundant wildlife, and stunning natural features, this 140.9-acre tract in northeastern Anderson County is a rare find. Whether you envision a private retreat, a recreational haven, or an investment in land and timber, this property is ready to fulfill your vision. Don't miss the opportunity to own this unique slice of East Texas-schedule your visit today!
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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 |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Jan 29, 2025 | In contract | - | |
| In contract | |||
| Jan 21, 2025 | Listed by Whitetail Properties Real Estate | $1,100,000 | |
| Listed by Whitetail Properties Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017