6868 County Road 889
About This Property
Experience a rare lakefront opportunity in a quiet subdivision , located outside Allen-Lucas city limits with affordable county property taxes.
Situated on a 0.7-acre deeded lot, this gated and secured property offers exceptional privacy and is surrounded by an abundance of untouched forest, creating a peaceful and secluded natural retreat. Enjoy breathtaking sunsets, fishing, and boating right from your backyard, with your own private forest and expansive lake views delivering a level of serenity that is truly hard to find.
About the Home; This 2,400 sq ft designer home has been completely remodeled from top to bottom, featuring high-end finishes and major system upgrades - everything is NEW and under warranty.
Interior Features:
4 bedrooms, 4 full bathrooms
Large attic bonus room - ideal for a game room, office, or guest suite
Custom White Oak kitchen with concrete countertops
All black stainless steel appliances
Hardwood floors throughout main living areas
Tile flooring and walls in all 4 bathroom
Designer interior doors and finishes
Ice-finish stucco walls creating a modern, upscale aesthetic
Lake and green views from every window
Major Upgrades includes; New roof , HVAC system , new Electric, new appliances, new windows, Fully remodeled interior and exterior ,Expansive entertainment deck overlooking the lake , Designed for both comfortable living and entertaining .
Whether you're hosting guests on the spacious deck, enjoying quiet mornings surrounded by nature, or watching unforgettable sunsets over the water, this property offers a lifestyle that blends luxury, privacy, and natural beauty.
A truly one-of-a-kind lakefront property combining privacy, nature, and modern design - rarely available in Lucas - Allen.
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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 |
|---|---|---|---|
| Aug 1, 2026 | No longer available | - | |
| No longer available | |||
| May 11, 2026 | In contract | - | |
| In contract | |||
| May 1, 2026 | Listed by Independent Realty | $755,000 | |
| Listed by Independent Realty | |||
| Oct 6, 2025 | Sold | ||
| Sold | |||
| Aug 14, 2025 | Price Decreased |
$345,000
↓ $10K
(2.8%) | |
| Price Decreased | |||
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About Collin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017