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3739 Shore Shadows Drive
About This Property
**?? Lake Houston Waterfront Lot ??**
• Bulkhead already in place
• Gorgeous sunset views ??
• Quiet, peaceful neighborhood
Depending on traffic conditions, this trip typically takes 35 to 45 minutes to drive.
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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 20, 2026 | Price Decreased |
$395,000
↓ $30K
(7.1%) | |
| Price Decreased | |||
| Jun 10, 2026 | Listed by Chodrow Realty Advisors | $425,000 | |
| Listed by Chodrow Realty Advisors | |||
| Jan 6, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Dec 29, 2023 | Listed by Adam's Texan Inc., Realtors | $200,000 | |
| Listed by Adam's Texan Inc., Realtors | |||
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RARE find in Lake Shadows! WATER FRONT lot ready for your dream home! This property is bulkheaded and cleared. Lake Shadows offers access to Lake Houston, tennis court, swimming pool, and a park area with gazebo for your enjoyment. Don't delay any longer if you are wanting to ENJOY the LAKE LIFE, these lots are hard to come by! Call today for your personal viewing.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017