44 Lilac
About This Property
The property already has electricity and water available, helping simplify your plans for future development. With two lots totaling over an acre, there is plenty of room to bring your vision to life while enjoying the freedom that comes with unrestricted property.
A mobile home is currently located on the property; however, no value has been attributed to the mobile home, and the property is being marketed for its land, location, and existing utility access.
Whether you're looking for a weekend escape near the lake, a place to build, space for an RV or recreational use, or an investment opportunity, this property offers plenty of potential. Enjoy the relaxed Lake Texoma lifestyle with boating, fishing, recreation, and outdoor adventures just minutes away.
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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 |
|---|---|---|---|
| Oct 3, 2026 | Listed by Epique Realty | $45,000 | |
| Listed by Epique Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017