28
Map
302 Bluebonnet Bend
About This Property
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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 |
|---|---|---|---|
| Sep 8, 2026 | Listed by Happen Houston | $300,000 | |
| Listed by Happen Houston | |||
| Jul 16, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 15, 2026 | Listed by Happen Houston | $300,000 | |
| Listed by Happen Houston | |||
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|
Tucked inside Lake Sheridan Estates on 2.04 wooded acres, this 3-bedroom, 2-bath ranch blends rustic charm, lake-area lifestyle, and room to spread out. Mature live oaks frame the gated entry, gravel drive, covered porch, metal roof, and cedar-sided exterior, while warm wood ceilings, rich paneling, granite kitchen countertops, gas range, and character-filled Talavera sinks bring a true cabin feel inside. The main home offers 1,158 sq ft with all bedrooms down, plus a separate 357 sq ft guest suite with its own living area and bath. Furnishings may remain with the property, creating an easy move-in ready weekend retreat or full-time escape. Enjoy a covered pavilion, extended back deck, outdoor seating, open green space, lake views, wildlife, and access to Lake Sheridan Estates amenities, including the boat ramp. Public water, septic, detached carport, and easy access to nearby recreation complete the setting. Located conveniently by Splashway Waterpark & a few local wineries!
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| Jun 23, 2026 | Listed by Happen Houston | $300,000 | |
| Listed by Happen Houston | |||
| |||
|
Tucked inside Lake Sheridan Estates on 2.04 wooded acres, this 3-bedroom, 2-bath ranch blends rustic charm, lake-area lifestyle, and room to spread out. Mature live oaks frame the gated entry, gravel drive, covered porch, metal roof, and cedar-sided exterior, while warm wood ceilings, rich paneling, granite kitchen countertops, gas range, and character-filled Talavera sinks bring a true cabin feel inside. The main home offers 1,158 sq ft with all bedrooms down, plus a separate 357 sq ft guest suite with its own living area and bath. Furnishings may remain with the property, creating an easy move-in ready weekend retreat or full-time escape. Enjoy a covered pavilion, extended back deck, outdoor seating, open green space, lake views, wildlife, and access to Lake Sheridan Estates amenities, including the boat ramp. Public water, septic, detached carport, and easy access to nearby recreation complete the setting. Located conveniently by Splashway Waterpark & a few local wineries!
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| Jun 19, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017