800 S 45 Highway #E
About This Property
Welcome to your private slice of paradise on 18.95 beautifully wooded acres with an impressive 379 feet of waterfront where Richland Creek feeds directly into Richland Chambers Lake-Texas' third-largest inland lake! Whether you're looking for a weekend escape or a future homesite, this unique property offers a rare blend of privacy, recreation, and natural beauty. Ideal for fishing, duck hunting, or simply enjoying nature, this tract is a dream for outdoor enthusiasts. A private fishing pond sits nestled under mature trees, while the acreage is home to a resident herd of deer that make excellent neighbors. Water and electric are already on-site-just waiting to be reconnected to fit your vision. Don't miss this opportunity to own unique waterfront acreage with unbeatable access to Richland Chambers Lake via Richland Creek. Bring your fishing pole, your hunting gear, and your dream of rural lake living! House was torn down and removed from property but slab remains in tact. Must schedule an appointment before walking property.
Listed By
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 |
|---|---|---|---|
| May 29, 2026 | Price Decreased |
$325,000
↓ $25K
(7.1%) | |
| Price Decreased | |||
| Mar 13, 2026 | Price Decreased |
$350,000
↓ $25K
(6.7%) | |
| Price Decreased | |||
| Oct 14, 2025 | Relisted | $375,000 | |
| Relisted | |||
| Aug 22, 2025 | In contract | - | |
| In contract | |||
| Aug 7, 2025 | Listed by Keller Williams Lonestar DFW | $400,000 | |
| Listed by Keller Williams Lonestar DFW | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017