660 Oak Point Drive
About This Property
Inside the home, vaulted ceilings rise above the living room, where floor-to-ceiling panoramic windows frame lake views. The open-concept design unfolds into a dining area and upscale kitchen with quartz countertops, generous cabinetry, premium appliances, and two dishwashers. An oversized island offers bar seating. Warm wood, natural textures, and a light palette create a sense of refined elegance.
The primary suite offers lake views, a dedicated office, and custom closet system flowing seamlessly into the primary bath. There are 3 additional main-floor bedrooms, 2 of which feature private full bathrooms. Upstairs, a 441-sq-ft space offers a fifth bedroom or private retreat.
Outside, the lake becomes part of everyday life. A 350-sq-ft covered porch overlooks the lawn and fire-pit area. A gentle slope with a path leads to the water, with the home positioned outside the flood zone. The path continues to composite, slip-resistant decking and a boat dock set in 12 ft of water. It is thoughtfully equipped with an electric boat lift and 2 PWC lifts.
The attached 506-sq-ft garage houses 2 water heaters and the home's water treatment system. The property is currently served by Zephyr Water, with the lake-water system retained as an option.
Now, discover the 2nd parcel: a 1,435-sq-ft insulated, climate-controlled space and garage featuring a mini-split system, golf simulator, TV, and a 15' roll-up door for an RV or boat.
Together, the two parcels create a rare combination of lakefront living, recreation, and workspace. Located in the gated Oak Point community that offers 2 boat launches, it is 2 hrs from Dallas or Austin and 3 hrs from Odessa. This could be the lake home you've been waiting for!
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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 22, 2026 | Price Decreased |
$1,450,000
↓ $47K
(3.2%) | |
| Price Decreased | |||
| Aug 18, 2026 | Listed by Ann Jones Real Estate | $1,497,384 | |
| Listed by Ann Jones Real Estate | |||
| Sep 1, 2021 | Sold | ||
| Sold | |||
| Nov 20, 2020 | Listed by TEXAS REALTY | $85,000 | |
| Listed by TEXAS REALTY | |||
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Build your home on this pretty waterfront lot in Oak Point at Lake Brownwood.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017