487 Davis Acres Rd Cartwright, OK 74731
This exceptional 30-acre property presents a unique investment opportunity near Lake Texoma in Cartwright, Oklahoma. Located in Bryan County, at 487 Davis Acres Rd, zip code 74731 (33.895963, -96.556733), this unincorporated land boasts diverse zoning permitting agricultural, commercial, and residential uses. Its prime location offers unparalleled access to thriving regional attractions. A mere 15-minute drive takes you to the Choctaw Casino, while Denison, Texas, and the soon-to-open Hard Rock Hotel and Casino Resort are both within a 20-minute radius. The Hard Rock development will feature a golf course, family entertainment center, amphitheater, marina, and casino, promising significant future growth and increased property value. The expansive acreage is ideally suited for a variety of development projects, including RV sites, boat/storage facilities, cabins, or residential housing, catering to the area's burgeoning tourism and recreational demand. An existing building on the site could be renovated for use as a recreational facility or café, providing immediate income potential. This versatile property offers significant upside for investors seeking to capitalize on the region's rapid expansion and strong tourism sector. The property's proximity to Lake Texoma and major entertainment venues makes it an attractive location for a wide range of commercial and residential ventures.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.