$25,000
↓ $8K (24.2%)
●
Land -
For Sale
61 Shoreline Drive
Cleveland, TX 77327
Studio
0 Bath
$279
Est. Monthly
$148
HOA / Fees
About This Property
This community is a great place to vacation, retire, enjoy the
weekend, park your RV, build a cabin or a home. Wooded
subdivision lot in The Preserve of Texas. Lot has an RV pad &
utility hook-ups. RV in photos not included. Incredible amenities
include: 5 thriving fishing lakes make for a fisherman's paradise,
1.2 miles of white sandy beach, over 40 miles of trails, protected
game preserve, equestrian center, 2 pavilions, picnic areas with
BBQ stations, putt putt golf, playground & splash pad, fire pits,
rental cabins & RV pads, 3 swimming pools, dog park & gated
entrance. LOW 1.42 TAX RATE, no MUD tax! Short term rental is
allowed.
Unit Size
-
Days on Market
-
Land Size
0.21 acres
Price per sqft
-
Property Type
Land
Property Taxes
$8
HOA Dues
$148
Year Built
-
Listed By
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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: 3 months ago (HAR #46292878)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 14, 2025 | Price Decreased |
$25,000
↓ $8K
(24.2%) | |
| Price Decreased | |||
| Aug 2, 2024 | No longer available | - | |
| No longer available | |||
| Aug 1, 2024 | Listed by RE/MAX Integrity | $33,000 | |
| Listed by RE/MAX Integrity | |||
| Oct 3, 2023 | Listed by RE/MAX Integrity | $33,000 | |
| Listed by RE/MAX Integrity | |||
| | |||
|
This community is a great place to vacation, retire, enjoy the weekend, park your RV, build a cabin or a home. Wooded subdivision lot in The Preserve of Texas. Lot has an RV pad & utility hook-ups. Incredible amenities include: 5 thriving fishing lakes make for a fisherman's paradise, 1.2 miles of white sandy beach, over 40 miles of trails, protected game preserve, equestrian center, 2 pavilions, picnic areas with BBQ stations, putt putt golf, playground & splash pad, fire pits, rental cabins & RV pads, 3 swimming pools, dog park & gated entrance. Sellers also own the lot directly behind this one on Unruh Drive (both lots are highlighted in photo #7) and it is also for sale if you want more land! MLS # for Unruh is 80366690. LOW 1.42 TAX RATE, no MUD tax! Call listing agent if interested in both lots for a combined price.
| |||
Property Highlights
Parking Details
Parking Features: Automatic Gate
Exterior Details
Lot Features: Subdivision, 0 Up To 1/4 Acre, Other Lot Improvements
Lot Size Area: 0.214
Lot Size Units: Acres
Lot Size Acres: 0.214
Lot Size Square Feet: 9320
Lot Size Dimensions: 66 x 148 x 61 x 147
Water Source: Public
Financial Details
Tax Annual Amount: $92
Utilities Details
Sewer : Public Sewer
Location Details
HOA Fee: $1,773
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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About Liberty
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Listed by: Melissa Franklin, RE/MAX Integrity
Last Updated: 3 months ago
Data Source: HAR , MLS# 46292878
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Last Updated: 3 months ago
Data Source: HAR , MLS# 46292878
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