15
Map
TBD E Vanshire
About This Property
Rare opportunity to acquire Cardinal Haven Estates, a fully platted 17-lot residential development in the highly desirable Town of Lakeside, just minutes from Eagle Mountain Lake and a short drive to Fort Worth. The seller is seeking offers on the entire development, making this an ideal opportunity for a builder or investor looking to add shovel-ready inventory to their portfolio.
Each homesite is approximately ½ acre, thoughtfully designed to preserve the mature trees and natural landscape while providing privacy and an attractive setting for custom homes. Significant time, capital, and engineering have already been invested, allowing the next owner to focus on construction rather than development.
Highlights:
-17 Fully Platted Residential Lots
-Approximately ½-Acre Homesites
-Roads Complete
-Underground Utilities Installed (City Water, Electric & AT&T Fiber)
-Drainage & Infrastructure Complete
-Beautiful Mature Trees Throughout the Community
-Located in Award-Winning Azle ISD
-Minutes from Eagle Mountain Lake
-Convenient Access to Downtown Fort Worth
The current owner has completed the heavy lifting and is ready to pass the project to the next builder or developer. This is an outstanding opportunity to capitalize on a well-positioned subdivision in an area where quality homes on larger lots remain in demand.
Seller is motivated and welcomes reasonable offers for the purchase of all 17 lots. Whether you're looking to build and sell custom homes, develop a spec-home community, or expand your land inventory, Cardinal Haven Estates offers an exceptional turnkey opportunity with much of the development risk already removed. Does NOT include Lot 7 or house on lot. Individual lots are also listed separately.
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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 7, 2026 | Listed by Bridgeway Realty, PLLC | $2,995,000 | |
| Listed by Bridgeway Realty, PLLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017