742 Private Road 7219
About This Property
The waterfront home is designed for both comfort and durability, featuring an elevator, real wood floors, plantation shutters, and abundant natural light. The spacious kitchen boasts granite countertops, JennAir appliances, custom cabinetry with pull-outs, and a large walk-in pantry. The primary suite offers travertine finishes, double vanities, a jetted tub, and a tiled shower with body sprays.
Additional highlights include a cozy living area with a gas-log fireplace, a game room upstairs that could easily convert to additional bedrooms, and a storm-shelter bath with workshop space downstairs. Over 1100 sf of porches and decks to enjoy the view! Outdoor living is front and center with expansive porches, a large fire pit, and a private pier extending into deep water (approx. 25–28 ft).
Recent upgrades include rebuilt exterior concrete stairs and pier, ensuring years of worry-free enjoyment. The home's spray-foam insulation and dual HVAC systems provide energy efficiency and comfort year-round.
From sunrise views over the water to peaceful walks around the pond, this property offers a lifestyle rarely found in East Texas. Whether you're seeking a family retreat, a legacy property, or a one-of-a-kind recreational escape, this Big Cypress Bayou estate delivers it all.
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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 |
|---|---|---|---|
| Oct 1, 2026 | In contract | - | |
| In contract | |||
| Sep 13, 2026 | No longer available | - | |
| No longer available | |||
| Jun 26, 2026 | Price Increased |
$1,300,000
↑ $460K
(54.8%) | |
| Price Increased | |||
| Apr 15, 2026 | Price Decreased |
$839,900
↓ $35K
(4%) | |
| Price Decreased | |||
| Apr 13, 2026 | Listed by Julie Woods & Associate RE Firm | $875,000 | |
| Listed by Julie Woods & Associate RE Firm | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017