4017 Dakota Trail
About This Property
Step out onto the spacious balcony and take in the water, morning coffee in hand or sunset drink in the evening it's the kind of spot that makes every day feel like a vacation. The retaining wall was redone in the Spring of 2026. The large canal lot comes complete with a boat dock featuring jet ski lifts, making it effortless to load up and hit the lake whenever the mood strikes.
Located in Indian Harbor, a gated waterfront community with a marina, boat ramp, community pool, tennis courts, and clubhouse, residents enjoy resort-style amenities just minutes from historic Granbury Square's shopping and dining.
Whether you're searching for a full-time residence or a weekend lake retreat, this home delivers space, views, and an unbeatable canal-front setting on Lake Granbury - dock and jet ski lifts included.
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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%.
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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 |
|---|---|---|---|
| Oct 5, 2026 | In contract | - | |
| In contract | |||
| Sep 15, 2026 | Listed by Home Grown Group Realty, LLC | $499,000 | |
| Listed by Home Grown Group Realty, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017