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2126 Clear Lake PL
About This Property
The modernized kitchen serves as an anchor for daily living and entertaining, featuring crisp white cabinetry, premium quartz surfaces, a geometric tile backsplash, gas cooktop, center preparation island, and upgraded lighting fixtures throughout. A sun-filled breakfast area framed by bay windows looks out onto the grounds. The home offers enhanced functional spaces, including a dedicated soundproof office space and fresh window blinds. The primary retreat features a deep soaking tub, glass-enclosed shower, dual vanities, and rich tile finishes.
Outdoor living expands onto a massive extended covered patio framed by a fully fenced lawn and mature shade trees. Lake Forest amenities include a neighborhood clubhouse, swimming pool, tennis and pickleball courts, playgrounds, scenic walking paths, and quick access to Texas 45 Toll. Residents benefit from close proximity to Blackland Prairie, Ridgeview, and Cedar Ridge schools, as well as nearby HEB, Target, and local dining hubs. For more info, go to: https://wkf.ms/4fklaEz
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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%.
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 |
|---|---|---|---|
| Oct 27, 2026 | Price Decreased |
$599,990
↓ $30K
(4.8%) | |
| Price Decreased | |||
| Sep 17, 2026 | Price Decreased |
$629,990
↓ $20K
(3.1%) | |
| Price Decreased | |||
| Aug 5, 2026 | Listed by Compass RE Texas, LLC | $649,990 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017