2904 Morning Bay Drive
About This Property
This beautifully maintained home in Shadow Creek Ranch offers 4 bedrooms, 2 full baths, and a spacious dining room. Nestled on a generous lot in a quiet, desirable neighborhood, it features an inviting open layout with high ceilings and a large living area that flows seamlessly into the dining and kitchen spaces - complete with a cozy breakfast nook. The kitchen provides abundant cabinetry and plenty of counter space, making it perfect for both entertaining and everyday living.
Residents of Shadow Creek Ranch enjoy exceptional amenities, including four swimming pools, tennis courts, scenic lakes, and walking trails. The location offers both tranquility and convenience, with easy access to Highway 288, the Texas Medical Center, shopping, dining, and highly rated schools such as York Elementary, Nolan Ryan Junior High, and Shadow Creek High School.
Move-in ready and beautifully maintained - don't miss your chance!
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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 |
|---|---|---|---|
| Jan 21, 2026 | Sold | ||
| Sold | |||
| Jan 10, 2026 | In contract | - | |
| In contract | |||
| Dec 21, 2025 | Price Decreased |
$342,900
↓ $12K
(3.4%) | |
| Price Decreased | |||
| Nov 23, 2025 | Relisted | $355,000 | |
| Relisted | |||
| Nov 17, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017