31311 Riverlake Road
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 |
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| Jun 23, 2025 | Sold | ||
| Sold | |||
| Jun 6, 2025 | In contract | - | |
| In contract | |||
| May 27, 2025 | Listed by Compass RE Texas, LLC - Houston | $1,995,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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Welcome to your dream waterfront estate on 1.79 acres in Fulshear. This stately 4-bedroom, 4-bathroom home offers over 6,400 square feet of Southern charm and modern comfort. A double-height foyer sets the tone, leading into light-filled living and dining spaces with arched openings, hardwood floors, and a brick fireplace. The spacious kitchen features a large island, walk-in pantry, and breakfast area—ideal for gatherings. Upstairs and down, generously sized bedrooms and versatile living areas provide room for everyday life and entertaining. An oversized laundry room, multiple office spaces, and abundant storage add practicality. Out back, a covered brick veranda and outdoor fire-pit overlook the infinity edge spa with resort-style pool featuring a pool chiller and swimming machine. Beyond the pool, take in sweeping views of Oxbow Lake and a fully fenced backyard. A rare opportunity to own a private retreat with space, serenity, and style—just minutes from downtown Fulshear.
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| Oct 1, 2020 | Sold | ||
| Sold | |||
| Jul 30, 2020 | Listed by Compass RE Texas, LLC | $1,299,990 | |
| Listed by Compass RE Texas, LLC | |||
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This is an incredible 1.79 acre waterfront masterpiece estate with immaculate details and finishes that are unrivaled by anything else on the market. Offering 6,423 interior square feet with 2 bedrooms downstairs, grand entryway, stunning wood floors, travertine, detailed millwork and crown molding, cased arches, Pella windows, and much more. Chef's kitchen with Wolf range, farm sink, built-in Sub Zero fridge, and hand painted backsplash. The formal study is fit for a CEO with two story ceilings, built-ins, beams, and private courtyard. Future elevator and generator ready. You will love the stunning views of the lake and pool from every angle of this home. The vast backyard boasts an award-winning pool and hot tub with heater, chiller and swim current, designer gas fire pit, manicured landscaping, massive covered back porch and unrivaled views of the Oxbow lake. This home was created for entertaining and enjoying all that nature has to offer while living a life of luxury.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017