280 Shadow Oaks Drive
About This Property
Inside, the thoughtfully designed single-story home offers approximately 1,682 square feet with two spacious bedrooms and two full baths, making it ideal for full-time lake living, a weekend getaway, or a retirement retreat. Vaulted ceilings, abundant natural light, and an open floorplan create an airy feel, while the wood-burning fireplace adds warmth and charm. The kitchen features Corian countertops, built-in cabinetry, a pantry, eat-in dining space, and a full suite of appliances, including the refrigerator. The spacious primary suite offers cedar-lined closets, dual vanities, a garden tub, and an ensuite bath.
The expansive enclosed sunroom is the perfect place to enjoy morning coffee, entertain guests, or simply relax while taking in the waterfront views throughout the year. Outside, the circular driveway, attached two-car garage, sprinkler system, and mature trees add convenience and curb appeal.
Conveniently located between Dallas and Houston and just minutes from Corsicana, this April Cove waterfront home offers the perfect blend of comfort, convenience, and lakefront living.
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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 |
|---|---|---|---|
| Sep 4, 2026 | Sold | ||
| Sold | |||
| Aug 8, 2026 | In contract | - | |
| In contract | |||
| Jul 16, 2026 | Relisted | $489,000 | |
| Relisted | |||
| Jul 6, 2026 | In contract | - | |
| In contract | |||
| Jul 1, 2026 | Listed by RE/MAX Lakeside Dreams | $489,000 | |
| Listed by RE/MAX Lakeside Dreams | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017