590 Crowder Road
About This Property
The land is flat and highly usable, featuring mature trees that provide natural shade and a peaceful setting. A recent 2025 survey has already been completed, giving you a head start and added confidence in your plans. Water and electricity are available at the road, with neighboring properties already connected, making the path to development simple and convenient. A septic system will be required.
Located just minutes from Lake Texoma, you'll enjoy easy access to boating, fishing, marinas, and outdoor recreation, making this an ideal location for both relaxation and adventure. The property is tucked away in a quiet, nature-oriented area while still offering convenient proximity to nearby hubs-approximately 20–25 minutes to Durant, OK and 30–35 minutes to Denison, TX.
A standout feature of this property is the availability of owner financing, creating a rare opportunity for buyers who want to secure land without going through traditional lending channels. Flexible terms may be available, opening the door for more buyers to take advantage of this incredible location.
With no HOA and no known restrictions, the possibilities are wide open. Bring your vision and build a tiny home, place a mobile home, set up an RV, or design a custom residence. This is your chance to own affordable land near Lake Texoma with flexibility, freedom, and long-term potential.
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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 |
|---|---|---|---|
| Jan 20, 2026 | Listed by Inc Realty, PLLC | $35,000 | |
| Listed by Inc Realty, PLLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017