847 Calloway Road
About This Property
Inside, refined finishes and intentional design shine through with granite surfaces, decorative concrete floors, plantation shutters, exposed beams, and a custom cypress fireplace mantel that brings warmth and character to the living space. The kitchen is both functional and striking with custom cabinetry, bar-height seating, copper sink and vent hood, pantry, appliance garage, and included refrigerator.
A separate insulated and air-conditioned office building offers a private space for work, guests, or creative pursuits. Additional upgrades include dual HVAC systems, two tankless water heaters, Vivint security system, and a whole-home Generac generator for comfort and peace of mind.
The spray foam insulated garage with water access, insulated shop with multiple power options, and RV accommodations provide the flexibility to match your lifestyle, while fenced and irrigated acreage with mature fruit trees adds both beauty and function.
A rare opportunity to own a luxury acreage property with a pool, shop, and elevated design ready to enjoy just in time for summer in East Texas.
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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 |
|---|---|---|---|
| Jul 30, 2026 | Sold | ||
| Sold | |||
| Jun 24, 2026 | In contract | - | |
| In contract | |||
| Feb 6, 2026 | Listed by Keller Williams Realty-Tyler | $615,000 | |
| Listed by Keller Williams Realty-Tyler | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017