Property summary
This exceptional mixed-use property, situated on 0.27 acres in Brookeland, Texas, presents a unique investment opportunity. The 1,804 square foot, two-story building, constructed in 1994, boasts a prime location on Lake Sam Rayburn, offering breathtaking waterfront views and direct lake access. The property features four bedrooms and three bathrooms, including two ensuite bedrooms, one with a private balcony overlooking the lake. An open-concept design seamlessly connects the kitchen, dining, and living areas, all enjoying stunning lake vistas. The home's sandy beach provides easy access to the water, ideal for water sports enthusiasts. This property has a proven track record as a successful Airbnb and VRBO rental, generating $50,000 in annual revenue in 2023, yielding a 6% net cap rate. The permitted zoning is residential. This turnkey investment combines the allure of a luxurious lakefront retreat with the consistent income potential of a thriving short-term rental business. The property is located at 131 Private Rd 6070, Brookeland, TX 75931, in Jasper County. Don't miss this chance to own a piece of Lake Sam Rayburn paradise.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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