8591 Witter Lane
About This Property
Approximately 32 Acre Private Lake: Constructed in 2016 and stocked by none other than the Tyler Fish Farm, this private lake offers endless recreation opportunities for the waterfowl hunter and angler alike. The lake was stocked with copper nose red ear perch, thread fin shad, fat head minnows, and Certified Florida Bass. Annually, tilapia are stocked to give the bass an additional food source, and to allow the other bait species to grow, reproduce and thrive. During a 2022 electro-shock survey, a female bass was weighed at 9.15 lbs and 2 male bass were weighed at 6+ lbs. Lake management and electro-shock surveys done by Tyler Fish Farm. Security: The Leon River Ranch has the ability to be completely self-sufficient with electricity and water in the event of a power outage or water quality issue. The list of wildlife includes White-tailed deer, Rio grande turkeys, hogs, doves, nesting bald eagles, pelicans, great blue herons, and waterfowl. Don't let this unique opportunity pass you by.
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 |
|---|---|---|---|
| Sep 27, 2026 | In contract | - | |
| In contract | |||
| Jul 6, 2026 | Listed by Whitetail Properties Real Estate | $10,500,000 | |
| Listed by Whitetail Properties Real Estate | |||
| Sep 6, 2025 | No longer available | - | |
| No longer available | |||
| May 24, 2025 | Price Decreased |
$11,750,000
↓ $50K
(0.4%) | |
| Price Decreased | |||
| Nov 8, 2023 | Listed by Whitetail Properties Real Estate | $11,800,000 | |
| Listed by Whitetail Properties Real Estate | |||
| | |||
|
Welcome to the magnificent Leon River Ranch! Located just minutes from Belton, Temple and I-35, this Turnkey recreational ranch is a true gem nestled in the heart of Central Texas. With approximately 2 miles of stunning, clear, live water Leon River frontage and a custom home overlooking a large private lake, this property offers endless opportunities and possibilities!
A prominent attribute of this maintained gentlemen's ranch is the expansive private lake spanning approximately 32 acres, stocked with certified Florida bass up to the 10 lb. range. Whether you're an avid angler or simply enjoy the serenity of the water, this lake will be your personal oasis. Imagine spending your days casting a line or simply unwinding by the water's edge. Moreover, this lake serves as excellent habitat and breeding grounds for numerous species of ducks, including year-round wood ducks and mandarin ducks, black-bellied whistling ducks, and greater Canadian geese. The beauty of the lake and variety of wildlife can all be viewed and enjoyed from the back porch of the well-appointed custom home.
Improvements: Built in 2020, this custom home built by Wright Builders boasts approximately 9,038+/- sf under roof and 7,082+/- sf heated and cooled with all high-end finishes and amenities. Built to last with quality materials, this house has a concrete slab poured on twenty two 16" concrete pillars with 3/4" rebar, all set 19' deep in gray shale to help ensure a solid home foundation. The tiled, covered porch wraps around the back half of the house and overlooks the lake to the west, ensuring you capture every beautiful sunset right over your private lake. There are 3 bedrooms, 3 full baths, 2 half baths, enormous walk-in closets, a larger than life walk-in pantry, sports bar, and stand-alone rock fireplace. The home is complemented by climate controlled dog kennels, a 3 car garage, designated side by side garage and so much more! Additional improvements include an insulated heated and
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017