1236 Riverside Drive
About This Property
5 fully fenced lots, this exceptional property overlooks a beautifully landscaped, stocked pond. Everything conveys, even a Competition Dartboard!
Property features a separate man cave complete w/a fully equipped kitchen, 1/2 bath, roll-up garage door & concrete patio.
• Charming cabin,1 BRM 1 Bath, W/D
• 1 BRM, 1 Bath RV
Whether you're a birdwatcher, duck hunter, saltwater angler, nature lover or anyone looking for a peaceful weekend getaway.
Enjoy the community pool, boat ramp & lighted fishing pier on the Tres Palacios River, which flows directly to Palacios Bay, home to some of the best fishing on the Texas coast.
There is simply too much to list-this is a property you have to experience in person.
Don't miss this rare opportunity to own a one-of-a-kind coastal retreat along the Texas coastline.
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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 |
|---|---|---|---|
| Jul 21, 2026 | Sold | ||
| Sold | |||
| Jul 12, 2026 | In contract | - | |
| In contract | |||
| Apr 21, 2026 | Relisted | $259,000 | |
| Relisted | |||
| Mar 6, 2026 | In contract | - | |
| In contract | |||
| Jan 29, 2026 | Listed by RE/MAX Land & Homes on the Bay | $259,000 | |
| Listed by RE/MAX Land & Homes on the Bay | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017