9
Map
$130,000
↑ $5K (4%)
●
Land -
For Sale
18226 Steele Point Drive
Crosby, TX 77532
Studio
0 Bath
$836
Est. Monthly
$4
HOA / Fees
About This Property
Build your dream home on this beautiful waterfront/canal frontlot
in Lake Shadows. This property sits on the canal that
directly feeds into beautiful Lake Houston and offers stunning lake
view from your future backyard. Enjoy peaceful mornings and
evenings by the water and boating directly from your property.
The lot is cleared and ready for your custom built home.
Gorgeous lake views - Bulkhead already in place.
Established neighborhood with fun filled neighborhood events
and amenities for the whole family. Lot 22 is also for sale
under separate listing MLS# 4865187 -- Purchased together gives you
lots of room to build your dream home and enjoy those waterfront
days and nights in one of the funnest neighborhoods Crosby has to
offer!
Unit Size
-
Days on Market
-
Land Size
0.26 acres
Price per sqft
-
Property Type
Land
Property Taxes
$193
HOA Dues
$4
Year Built
-
Listed By
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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: 3 months ago (HAR #57605351)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 4, 2026 | Price Increased |
$130,000
↑ $5K
(4%) | |
| Price Increased | |||
| Sep 1, 2026 | Listed by JLA Realty | $125,000 | |
| Listed by JLA Realty | |||
| Jan 31, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 1, 2025 | Listed by JLA Realty | $135,000 | |
| Listed by JLA Realty | |||
| | |||
|
Build your dream home on this beautiful waterfront/canal frontlot in Lake Shadows. This property sits on the canal that directly feeds into beautiful Lake Houston and offers stunning lake view from your future backyard. Enjoy peaceful mornings and evenings by the water and boating directly from your property. The lot is cleared and ready for your custom built home. Gorgeous lake views - Bulkhead already in place. Established neighborhood with fun filled neighborhood events and amenities for the whole family. Lot 22 is also for sale under separate listing MLS# 59729424 -- Purchased together gives you lots of room to build your dream home and enjoy those waterfront days and nights in one of the funnest neighborhoods Crosby has to offer!
| |||
| May 16, 2025 | Sold | ||
| Sold | |||
Show More
Property Highlights
With View
Exterior Details
Waterfront Features: Canal Front, Wood Bulkhead
Lot Features: Waterfront, Cleared, Subdivision, 1/4 Up to 1/2 Acre
Lot Size Area: 0.2646
Lot Size Units: Acres
Lot Size Acres: 0.2646
Lot Size Square Feet: 11525.976
Tax Lot: 23
Water Source: Public, Water District
Financial Details
Tax Annual Amount: $2,318
Utilities Details
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Boat Slip, Clubhouse, Park, Playground, Pool, Tennis Court(s)
HOA Fee: $46
HOA Fee Frequency: Annually
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 Lake Shadows
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Dana Sharp, JLA Realty
Last Updated: 3 months ago
Data Source: HAR , MLS# 57605351
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Last Updated: 3 months ago
Data Source: HAR , MLS# 57605351
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