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380 Cedar Valley Drive
About This Property
June 2026: Newly installed garage door. Nice and dry inside!
Skip the 6-month site-prep headache. This 3.59-acre wooded property in Cedar Valley is the ultimate head-start for your custom lake cabin or workshop. Comprised of 4 combined lots, you get rare privacy just 0.6 miles from the private Trinity River boat launch and minutes from Lake Livingston.
The high-cost infrastructure is already in place:
THE STRUCTURE: 30x60 (1,800 SF) steel frame on a professional slab. Ready for your vision to take shape - the open floor plan offers total flexibility for your dream layout.
UTILITIES: New aerobic septic system installed. 200-amp electrical on-site. Public water ready for connection.
EXTRAS: Includes secondary storage building and a solid chicken coop.
This is a blank canvas in a prime location for outdoor lovers. Bring your vision, skip the site-prep stress, and start building your escape today! Bring your offer!
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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 |
|---|---|---|---|
| Aug 21, 2026 | Price Decreased |
$184,900
↓ $5K
(2.6%) | |
| Price Decreased | |||
| May 14, 2026 | Relisted | $189,900 | |
| Relisted | |||
| Mar 21, 2026 | In contract | - | |
| In contract | |||
| Feb 26, 2026 | Price Decreased |
$189,900
↓ $22K
(10.4%) | |
| Price Decreased | |||
| Sep 4, 2025 | Listed by Marlowe Commercial Group | $212,000 | |
| Listed by Marlowe Commercial Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017