46 Kanakoa Drive
About This Property
With easy access to utilities, paved roads, and community amenities, these lots provide a perfect balance of convenience and tranquility. Located in Tool, TX-known for its serene atmosphere and small-town charm-you'll also appreciate the close proximity to Dallas, offering an ideal blend of escape and accessibility. Seller financing available
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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 |
|---|---|---|---|
| May 15, 2026 | No longer available | - | |
| No longer available | |||
| May 14, 2026 | Listed by Ebby Halliday Realtors | $59,900 | |
| Listed by Ebby Halliday Realtors | |||
| Nov 19, 2025 | Listed by Ebby Halliday Realtors | $59,900 | |
| Listed by Ebby Halliday Realtors | |||
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Discover the opportunity to own a beautiful lot in the desirable Paradise Bay community. Enjoy all the perks of lake living with boating, fishing, and outdoor recreation just minutes away. This peaceful yet growing area offers the ideal setting to build your dream home.
With easy access to utilities, paved roads, and community amenities, these lots provide a perfect balance of convenience and tranquility. Located in Tool, TX—known for its serene atmosphere and small-town charm—you’ll also appreciate the close proximity to Dallas, offering an ideal blend of escape and accessibility.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017