403 Arrowhead Point
About This Property
Built in 2019, this thoughtfully designed 3-bedroom, 2.5-bath lake house blends warm textures and timeless finishes with an open, airy layout made for gathering. Vaulted ceilings and a floor-to-ceiling stone fireplace create an inviting focal point in the living room, while natural light pours in and highlights the rich wood flooring throughout the main living spaces.
The kitchen is both functional and beautiful, featuring polished granite countertops, custom-stained solid wood cabinetry with crown molding, stainless steel double ovens, an electric cooktop, large island, breakfast bar, and abundant built-ins. It's the kind of space where holidays are hosted, stories are shared, and everyday moments feel special.
The private primary suite offers a relaxing retreat with a tray ceiling, spacious walk-in closet, and an ensuite bath complete with dual sinks, granite counters, linen storage, and a separate tiled shower. Two additional bedrooms, a dedicated office, full bath, and half bath provide flexibility for guests, hobbies, or working from home.
Step outside to a covered back deck overlooking a generous backyard and fire pit area-perfect for slow mornings with coffee or evenings under the Texas sky. With a circular driveway, oversized side-entry garage with workshop space, underground utilities, and access to the community boat ramp, this Sweetwater Ranch property delivers both privacy and lake lifestyle convenience.
Whether you're looking for a full-time residence or a weekend escape near Richland Chambers Lake, this home offers space, style, and the kind of setting that makes coming home feel like a getaway.
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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 |
|---|---|---|---|
| Sep 8, 2026 | Sold | ||
| Sold | |||
| Aug 14, 2026 | In contract | - | |
| In contract | |||
| Aug 6, 2026 | Relisted | $400,000 | |
| Relisted | |||
| Jul 23, 2026 | In contract | - | |
| In contract | |||
| Jun 3, 2026 | Price Decreased |
$400,000
↓ $20K
(4.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017