$590,000
↑ $125K (26.9%)
●
House -
For Sale
1676-1662 Lake Dr
Spring Branch, TX 78070
5 Beds
5 Baths
3,300 Ft²
$3,248
Est. Monthly
About This Property
Country living with two lovely houses on .67 acres. Main house is
updated 3BR 3BA. Bathrooms on every floor, 1st floor is shower and
outside access to hot tub. Second level is primary bedroom with
fireplace, bathroom with double vanity, large shower and utility
room. Third floor is 2 bedrooms with bathtub/shower combo.
Home is surrounded by oak trees and the deck and
balcony overlook the lake. Lovely guest house is 2BR and 2BA, one
bathroom with shower on each floor. Homes are approx. 2400 SF, 900
SF and third building is a garage and full shop, storage space and
sturdy work tables. Views of Beautiful old fountain that attracts
cardinals and colorful songbirds, doves and curious foxes, hawks
and whistling tree ducks and deer. Property is 3 lots, fenced,
gated, private and peaceful.
Unit Size
3,300 Ft²
Days on Market
-
Land Size
1.42 acres
Price per sqft
$179
Property Type
House
Property Taxes
$351
HOA Dues
-
Year Built
1990
Listed By
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 26 days ago (LERA #2007899)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2026 | Price Increased |
$590,000
↑ $125K
(26.9%) | |
| Price Increased | |||
| Aug 22, 2026 | Listed by Premier Realty Group Platinum | $465,000 | |
| Listed by Premier Realty Group Platinum | |||
   | |||
|
Lovely updated country house overlooking small lake. Three bedrooms and three baths with bathroom on every floor. Downstairs bathroom has shower and outside access to hot tub. Primary bedroom and bathroom, utility room and balcony on second floor. Two bedrooms with bathtub/shower combo on third floor. Home is surrounded by oak trees with the front deck and balcony overlook the lake. Guest house next door and additional lots can be purchased if buyer is interested, the additional property is listed on mls 2007899. Virtual tour of main house is on Facebook page Randy Rice Real Estate
| |||
| Aug 12, 2026 | Listed by Premier Realty Group Platinum | $685,000 | |
| Listed by Premier Realty Group Platinum | |||
| Jul 9, 2017 | Listed | $285,000 | |
| Listed | |||
| | |||
|
This is a beautiful 3 single family residence on 9 lots for sale as a one package deal! Main home is a 3 story 2 bedroom 2.5 bath overlooking the lake with 1,068 sq ft. Second home is a 2 story A-frame 2 bed 2 bath 918 sq ft. Third home is a 1 bed 1 bath cabin, 595 sq ft great for guests. Access to lake from 4 lots. Main home is currently being leased until 9/30/2017. New roof recently replaced February 2017. Main home features two full kitchens! OPEN HOUSE 9/2/2017 from 12pm-3pm with light refreshments. The manager has listed the unit size as 2581 square feet.
| |||
Property Highlights
Air Conditioning
Fireplace
Interior Details
Full Bathrooms: 5
Interior Features: Eat-in Kitchen, Breakfast Bar, High Ceilings, High Speed Internet, Walk-In Closet(s), Chandelier, One Living Area, Liv/Din Combo, Utility Room Inside, All Bedrooms Upstairs, Telephone
Appliances: Microwave, Refrigerator, Disposal, Dishwasher, Gas Water Heater, Washer Connection, Dryer Connection, Stove/Range, Ice Maker Connection, Security System (Leased)
Flooring Type: Laminate
Has Fireplace
Fireplace Features: One
Fireplaces: 1
Exterior Details
Square Footage: 3300
Property Condition: Pre-Owned
Architectural Style: 3 or More, Texas Hill Country
Year Built: 1975
Builder Name: unknown
Other Structures: Guest House, Second Residence, Shed(s), Storage, Workshop
Construction Materials: Wood Siding
Patio and Porch Features: Patio, Deck
Pool Features: None
Lot Features: Lakefront, On Waterfront, County VIew, Water View, 1 - 2 Acres
Lot Size Area: 61855.2
Lot Size Units: Square Feet
Lot Size Acres: 1.42
Lot Size Square Feet: 61855.2
Financial Details
Tax Annual Amount: $4,209
Utilities Details
Cooling Type: Central Air, Attic Fan, Ceiling Fan(s)
Heating Type: Central
Location Details
HOA/Condo/Coop Amenities: Basketball Court, Park/Playground
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Comal
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Randy Rice, Premier Realty Group Platinum
Last Updated: 26 days ago
Data Source: LERA, MLS# 2007899
Last Updated: 26 days ago
Data Source: LERA, MLS# 2007899
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017