$635,000 Last Listed Price
●
House -
Off Market
5607 Peninsula Park Drive
Houston, TX 77041
4 Beds
3 Baths,
1
Half Bath
3,523 Ft²
$670,116
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model
About This Property
Fantastic waterfront home in a guard-gated community with recent
updates and a ground-level primary suite! Entry foyer with soaring
ceiling height flows into living room with pool and pond views.
Adjacent kitchen boasts new countertops and stainless appliances,
and a breakfast area with backyard access. Primary suite features
pond views, an updated bathroom with beautiful countertops and
oversized shower, and a spacious walk-in closet. Second floor has
gameroom and three secondary bedrooms. Backyard has covered patio
for outdoor dining with adjacent pool, gated grassy area, and views
of the pond to the rear of the home with a gate to access. Lakes on
Eldridge residents enjoy numerous community amenities including:
guard gated neighborhood entry, community center with large pool
and fitness center, numerous playgrounds and walking trails, beach
volleyball court, tennis courts, community events, and bus service
to private schools.
Unit Size
3,523 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$180
Property Type
House
Property Taxes
$1,027
HOA Dues
$139
Year Built
1997
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 6 months ago (HAR #38641935)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 10, 2026 | Sold | ||
| Sold | |||
| Jan 10, 2026 | In contract | - | |
| In contract | |||
| Jan 2, 2026 | Listed by RE/MAX Signature | $660,000 | |
| Listed by RE/MAX Signature | |||
   | |||
|
Stunning corner waterfront home in a gated community with a ground-level primary suite. Dramatic entry foyer with soaring ceiling height flows into living room with pool and pond views. Kitchen with quartz countertops and stainless steel appliances opens to a breakfast area with backyard access and living room with fa fireplace.. Primary suite features pond views, an executive bathroom with beautiful countertops, double sinks and an oversized shower with a spacious walk-in closet. Second floor has gameroom and three secondary bedrooms. Backyard has covered patio for outdoor dining with adjacent pool with upgraded Hayward controls for lights, waterfall, pump and vacuum. View of the pond to the rear of the home with a gate access. Washer, dryer and two refrigerators included. Community amenities include manned gated entry, community center, pool and fitness center, playgrounds,walking trails,beach volleyball court, tennis courts, community events, and bus service to private schools.
| |||
| Jan 1, 2026 | No longer available | - | |
| No longer available | |||
| Jun 19, 2025 | Price Decreased |
$660,000
↓ $15K
(2.2%) | |
| Price Decreased | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
Closing Price
Sold On
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HOA + Taxes
About Lakes on Eldridge
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Listed by: Walter Bering, Martha Turner Sotheby's International Realty
Last Updated: 6 months ago
Data Source: HAR , MLS# 38641935
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Last Updated: 6 months ago
Data Source: HAR , MLS# 38641935
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