9
Map
$975,000
●
Land -
For Sale
205 Blue Point Road
Clear Lake Shores, TX 77565
Studio
0 Bath
$5,668
Est. Monthly
About This Property
Rare waterfront opportunity in the heart of Clear Lake Shores!
Offering over a quarter-acre with captivating water views and a
direct sightline toward the Kemah Bridge, this exceptional property
provides the perfect canvas for a custom coastal retreat. Envision
a spacious residence with a resort-style pool, outdoor entertaining
areas, and room to fully embrace the waterfront lifestyle. Tucked
along a quiet street with the ability to keep your boat just steps
from home, the location offers both privacy and convenience. Enjoy
golf-cart-friendly island living just minutes from Kemah Boardwalk,
waterfront dining, shopping, and entertainment. A unique
opportunity to create something truly special in one of the area's
most desirable waterfront communities.
Unit Size
-
Days on Market
-
Land Size
0.32 acres
Price per sqft
-
Property Type
Land
Property Taxes
$880
HOA Dues
-
Year Built
1979
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: 16 days ago (HAR #26609625)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 14, 2026 | Listed by Nextgen Real Estate Properties | $975,000 | |
| Listed by Nextgen Real Estate Properties | |||
| Oct 3, 2024 | Sold | ||
| Sold | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Sep 16, 2024 | Listed by UTR TEXAS, REALTORS | $900,000 | |
| Listed by UTR TEXAS, REALTORS | |||
| | |||
|
Don't miss out on this incredible opportunity to own a stunning waterfront property in the highly sought-after neighborhood of Clear Lake Shores! This rare, one-of-a-kind lot offers breathtaking views of the Kemah Bridge and spans over a quarter-acre, providing endless potential. With plenty of space to build your dream oasis, there's room for a large home, a pool, and more! Situated on a private street, you can even park your boat right in front of your home. Plus, you're just moments away from shopping centers and the renowned Kemah Boardwalk. This rare gem won’t stay on the market for long—schedule your viewing today!
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Property Highlights
With View
Exterior Details
Waterfront Features: Bayfront, Canal Front, Bulkhead, Pier
Lot Features: Cul-De-Sac, Waterfront, Cleared, Subdivision, 0 Up To 1/4 Acre
Lot Size Area: 0.315
Lot Size Units: Acres
Lot Size Acres: 0.315
Lot Size Square Feet: 13721.4
Water Source: Public
Financial Details
Tax Annual Amount: $10,557
Utilities Details
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Boat Slip
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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About Clear Lake Shores
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Listed by: Claudia Huato, Nextgen Real Estate Properties
Last Updated: 16 days ago
Data Source: HAR , MLS# 26609625
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Last Updated: 16 days ago
Data Source: HAR , MLS# 26609625
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