600 Blueberry Hill Road
About This Property
Escape to the peaceful beauty of nature with this serene .56-acre fully wooded lot nestled in the quiet Enchanted Oaks Subdivision. Located just 2 miles from Birch Creek State Park on Lake Somerville, this property offers the perfect balance of seclusion and recreation.Surrounded by mature trees, this lot provides natural privacy and a picturesque setting-ideal for a weekend getaway, full-time residence, or investment property. Enjoy hiking, fishing, boating, and wildlife watching just minutes away, or simply relax and unwind under a canopy of native Texas trees.
Key Features:
.56-acre wooded lot with natural shade and privacy
Easy access to outdoor recreation, boat ramps, trails, and picnic areas
Great potential for cabin, home site, or RV use (verify restrictions)
Listed By
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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 |
|---|---|---|---|
| Jun 28, 2025 | Price Decreased |
$36,000
↓ $2K
(5.3%) | |
| Price Decreased | |||
| Jun 16, 2025 | Listed by Oro Realty | $38,000 | |
| Listed by Oro Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017