4409 State Highway 135 N
About This Property
Step outside and experience the true appeal of this property, where wide open space and useful improvements make it ideal for a variety of lifestyles. The land is fenced with barbed wire and includes a storage building and workshop, offering excellent options for hobbies, equipment, or small-scale projects. A security gate and gutters add both functionality and peace of mind, while the rectangular lot provides flexibility for future use. The property is serviced by a conventional septic system and cooperative water, keeping utility needs straightforward and manageable. With paved road access and a peaceful setting just minutes from town, this property delivers the balance of privacy and convenience that buyers are looking for in East Texas. Whether you're looking for a starter home, investment opportunity, or a place to enjoy a little extra land, this property offers solid value and potential.
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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 |
|---|---|---|---|
| Jun 10, 2026 | Sold | ||
| Sold | |||
| Jun 4, 2026 | In contract | - | |
| In contract | |||
| May 7, 2026 | Listed by Keller Williams Realty-Tyler | $274,900 | |
| Listed by Keller Williams Realty-Tyler | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017