8750 E Waterloo Road
About This Property
The location is exactly what most buyers in this market spend months looking for and rarely find. A rural feel with wide open space around you, but metro access that does not require a long drive to get to anything. Waterloo Road puts you right in that corridor where Edmond's growth has been heading, and the demand for acreage in this area continues to climb for exactly that reason.
And then there is the school district. This tract sits within Edmond Schools, which for families building a home outside the city limits is not a small thing. Edmond Public Schools consistently ranks among the top districts in the state. Finding acreage that delivers a rural lifestyle and Edmond Schools together in the same deed is genuinely uncommon, and it is a large part of what separates this tract from most other homesite land near Edmond on the market right now.
The hard part is done. The location is right. The schools are right. All that is left is the home. Call today to walk the property.
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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 24, 2026 | Listed by Metro Mark Realtors | $429,000 | |
| Listed by Metro Mark Realtors | |||
| Jul 16, 2026 | Sold | ||
| Sold | |||
| Jun 12, 2026 | In contract | - | |
| In contract | |||
| May 5, 2026 | Price Decreased |
$323,900
↓ $21K
(6.1%) | |
| Price Decreased | |||
| Mar 27, 2026 | Listed by Metro Mark Realtors | $345,000 | |
| Listed by Metro Mark Realtors | |||
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Discover an incredibly convenient 4.84-acre property on E Waterloo Road, just east of Douglas Blvd, in the highly sought-after Edmond Public Schools district. This prime parcel offers paved Waterloo Road frontage and is being sold for land value only, presenting a rare opportunity for buyers looking to build their dream home or develop the site while benefiting from the existing small house on the property. The sale is contingent upon final probate approval, which is currently agreed to and in process.
Located in one of Edmond’s most desirable areas, the property combines exceptional accessibility with peaceful acreage living. Just minutes from major highways, shopping, dining, schools, and all the amenities Edmond and Oklahoma City have to offer, this location delivers true convenience without sacrificing space. The paved frontage on E Waterloo Road provides easy access and excellent visibility, making it ideal for those seeking a build-ready site with immediate road access. Water well, electric and septic already on site.
Whether you envision a custom luxury home, a family estate, or a private retreat, the 4.84 acres give you plenty of room to create exactly what you desire. The existing small house can serve as a temporary residence during construction, rental income, or simply remain as an additional feature on the land.
Don’t miss your chance to own this conveniently located acreage in one of the most desirable school districts in the metro area.
Contact the Oklahoma LandMark Team today to schedule a private tour and secure this unique piece of Edmond real estate before it’s gone.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017