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13036 Bruce Road
About This Property
An exceptional opportunity to own one of the last large tracts of unrestricted waterfront land on Lake Conroe! This flat, cleared, and buildable 13-acre parcel offers deep water access, stunning open views, and unmatched flexibility. No restrictions-horses and livestock welcome! The existing AG exemption keeps property taxes impressively low. Ideal for a private estate, family compound, ranch, or future development. Prime location off Cude Cemetery Rd near the French Quarter & Lake Breeze subdivisions, with easy access to I-45, schools, shopping, golf, marinas, and restaurants. No flooding, low tax rate of 1.6712, and utilities in place (electric, water district, aerobic, and well). A rare lakefront opportunity-don't miss it!
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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%.
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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 6, 2025 | Listed by Creighton Realty Partners, LLC | $5,900,000 | |
| Listed by Creighton Realty Partners, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017