274 Lakecrest Drive
About This Property
The comfortable layout includes three bedrooms and two full bathrooms, providing plenty of space for weekend getaways or full-time lake living. Step outside to enjoy the oversized deck, perfect for relaxing, entertaining, or taking in the peaceful wooded surroundings. In the evening, gather around the inviting firepit area and enjoy the tranquility of nature under the stars.
Conveniently located just minutes away by golf cart from Highport Marina and the Island Bar & Grill, you'll have easy access to boating, fishing, dining, and all the fun Lake Texoma has to offer. Whether you're looking for a vacation retreat, investment property, or your own lakeside escape, this Tanglewood Hills gem offers the perfect blend of comfort, recreation, and natural beauty.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 27, 2026 | Sold | ||
| Sold | |||
| Jun 18, 2026 | In contract | - | |
| In contract | |||
| Jun 1, 2026 | Listed by C-21 DEAN GILBERT, REALTORS | $299,000 | |
| Listed by C-21 DEAN GILBERT, REALTORS | |||
| May 30, 2023 | Sold | ||
| Sold | |||
| Feb 25, 2023 | Listed by TDRealty | $629,000 | |
| Listed by TDRealty | |||
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MUST SEE highly successful income-generating vacation rental grossing over $63K annually in 2021 & 2022! This modern gem is one of Lake Texomas most popular rentals, which has consistently delivered consecutive years of strong results and has the upside to do more!
Inside you'll experience lake living at its finest in this craftsman-style 4-bedroom, 2-bath home nestled in the rolling hills of Tanglewood, and just ½ mile from Highport Marina. This beautiful home offers nearly 2000 square feet of charming living space with an awesome open-concept kitchen, a spacious master retreat with an ensuite bath, vaulted ceilings, hardwood floors, and skylights. You'll fall in love once you step outside on the huge wrap-around deck equipped with patio lights, ample seating, a gas grill, and a hammock. There's also a horseshoe pit, corn hole toss, and a large fire pit for gatherings...as well as expanded parking for several cars. This property is a GREAT investment opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017