55 & 56 Stone Circle
About This Property
Discover the perfect canvas for your dream getaway near Lake Texoma! This double lot spans 0.23 acres and is mainly cleared with a mix of a few mature trees - ideal for building your custom retreat, vacation home, or investment property. Whether you're considering a single-family home, mobile or manufactured home, or even a barndominium, this unrestricted property gives you the freedom to bring your vision to life. Located outside city limits and with no HOA, you'll enjoy privacy and flexibility just minutes from boat docks, marinas, rentals, and all the lake activities Lake Texoma is known for.
Highlights:
• 0.23-acre double lot - each lot 50 x 100
• No HOA Outside city limits
• Great for mobile homes, manufactured homes, barndos, or custom builds
• Close to Lake Texoma, marinas, and recreational activities
• Ideal for weekend getaways, vacation homes, or investment properties
Don't miss this rare opportunity to own a slice of paradise near one of Texas' most beloved lakes!
PROPERTY DETAILS
Stone Circle Lots 55 & 56
Gordonville TX 76245
0.23 Acres
Each Lot 50ft x 100ft
Payment Calculator
Your Estimated Monthly Payment
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 6, 2025 | Sold | ||
| Sold | |||
| Sep 27, 2025 | In contract | - | |
| In contract | |||
| Sep 13, 2025 | Price Decreased |
$46,400
↓ $500
(1.1%) | |
| Price Decreased | |||
| Sep 4, 2025 | Price Decreased |
$46,900
↓ $600
(1.3%) | |
| Price Decreased | |||
| Aug 26, 2025 | Price Decreased |
$47,500
↓ $400
(0.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017