6655 County Road 118
About This Property
Enjoy the perfect blend of privacy, recreation, and accessibility with this charming 3-bedroom, 2.5-bath home situated on 31.4 acres of beautiful East Texas countryside. Conveniently located just 12 miles from Kaufman and 15 miles from Canton, this property offers a peaceful country feel, while remaining close to shopping, dining, and everyday conveniences.
The land features two tanks, cross-fenced pastures, mature hardwood trees, and a scenic wet-weather creek, making it ideal for livestock, horses, hunting, or simply enjoying the outdoors. A 24' x 48' barn with four stalls provides ample space for animals and equipment.
Inside, the home has been partially remodeled and showcases fresh paint, hand-laid and hand-scraped oak hardwood floors, travertine tile throughout, and beautiful granite countertops. The spacious floor plan combines rustic charm with modern updates, creating a warm and inviting atmosphere.
Utilities are provided by Trinity Valley Electric Cooperative and College Mound Water Supply Corporation, offering reliable services for country living.
Whether you're looking for a horse property, weekend retreat, or forever home, this unique acreage offers endless possibilities in a highly desirable location.
Owner will not subdivide.
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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 25, 2026 | Listed by Ranch House Realty | $900,000 | |
| Listed by Ranch House Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017