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3205 Oak Hill Drive
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 |
|---|---|---|---|
| Aug 6, 2026 | Listed by Realty Of America, LLC | $125,000 | |
| Listed by Realty Of America, LLC | |||
| Jun 25, 2026 | Sold | ||
| Sold | |||
| Jun 19, 2026 | In contract | - | |
| In contract | |||
| May 20, 2026 | Listed by AmbitionX Real Estate | $83,000 | |
| Listed by AmbitionX Real Estate | |||
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Welcome to the space, freedom, and Lake Granbury lifestyle buyers are craving! Sitting on nearly half an acre across two lots, this two-bed, two-bath home delivers room to breathe, room to store, and room to live — all in a well-established Granbury community with incredible amenities! Inside, you’ll love the flexible layout featuring two generously sized primary bedrooms, each with its own full bath — ideal for roommates, guests, or multi-generational living. One suite offers handicap-accessible features, adding comfort and versatility rarely found at this price point. Natural light fills the living spaces, creating a bright, open feel that instantly feels like home. Step outside and the value really shows! The oversized yard gives you endless possibilities — garden, workshop projects, outdoor entertaining, or simply enjoying quiet Texas evenings. Multiple storage buildings provide plenty of space for tools, hobbies, and lake toys, while the gated entry adds charm and function. And then there’s the lifestyle: As a resident of Oak Hills, you gain access to community pools, playgrounds, sports areas, a fishing pier, and a boat ramp — putting lake life within minutes of your front door. Whether it’s weekend boating, fishing at sunset, or a fun time at the park, this neighborhood makes it easy to enjoy it all. Homes with this much land, this much functionality, and this many amenities don’t come around often — and they don’t sit long. If you’re looking for affordable space near Lake Granbury, this is one you need to see now, not later!
Flip Ready, Light Rehab or Heavy Rehab, Contractor Special, Priced for Immediate Sale, Make This One Shine, Endless Potential, Bring Your Vision, Bring Your Crew, Perfect Starter Flip, Investor Target Area.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017