511 County Road 1407
About This Property
Discover the perfect blend of peace, privacy, and convenience on this beautifully manicured 14-acre automatic gated property featuring rolling hills, mature trees, and a seasonal creek. Partially fenced with barbed wire and rolled fencing, completely ready for your dream build.
A 12,000 sq. ft. prepped pad site is already in place, with all utilities on-site, including electric, water, a brand-new aerobic septic system, and underground internet access. Additional improvements include RV parking, an insulated storage building with AC, and a small greenhouse with electricity-allowing you to live onsite comfortably while you build.
With multiple build site options, the possibilities are endless-whether you envision one dream home or several.
Just 2 minutes from Cherokee Ranch Golf Club
Only 15 minutes to Lake Jacksonville
Convenient to Tyler and surrounding areas
Bonus Opportunity!! A separate listing across the road (MLS #21045685) offers a 1,085 sq. ft. home, insulated shop with electric, and potential for an additional RV site-ideal for friends or family who want to live nearby.
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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 |
|---|---|---|---|
| Oct 15, 2025 | Sold | ||
| Sold | |||
| Sep 16, 2025 | In contract | - | |
| In contract | |||
| Aug 28, 2025 | Listed by All City Real Estate Ltd. Co | $265,900 | |
| Listed by All City Real Estate Ltd. Co | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017