$540,000 Last Listed Price
●
House -
Off Market
81 Harbour Point Circle
Coldspring, TX 77331
2 Beds
2 Baths
1,415 Ft²
$558,313
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
Waterfront home in gated Cape Royale Community! The home is
currently set up to comfortably sleep 12-14 guests. Charming stone
front w/two story ceilings in living area. Custom stone wood
burning fireplace for winter getaways. New double pane low E
windows installed 2022. All bunkbeds in loft, sleeper sofa and
dining room table are included. Boat dock has double jet ski lift,
boat lift, sun deck & large sitting area; has 12x14 storage
building w/extended inside height, shelving for storing large
floats. Boat house has running water, full size refrigerator,
outdoor shower, lit walkway & fun rope swing.. Home/dock situated
inside of a cove offering, protection from rough water while
maintaining open water views of the lake/Pine Island. Sandy bottom
waterfront great for swimming w/slopping entrance to the water from
shore. End of boat dock has 12'-14' canal drop perfect for year
round boating and fishing. Automatic sprinkler system w/easy to
maintain landscape. Seller is listing agent.
Unit Size
1,415 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$382
Property Type
House
Property Taxes
$425
HOA Dues
$38
Year Built
1995
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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: 4 months ago (HAR #69010506)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 20, 2026 | Sold | ||
| Sold | |||
| Feb 21, 2026 | In contract | - | |
| In contract | |||
| Feb 9, 2026 | Listed by Compass RE Texas, LLC - The Woodlands | $599,000 | |
| Listed by Compass RE Texas, LLC - The Woodlands | |||
   | |||
|
Perfectly positioned near the mouth of a cove, this Cape Royale waterfront home offers cove protection and beautiful open water lake views. The open-concept kitchen, dining and living area is anchored by a cozy wood-burning fireplace with stone surround, creating a warm and inviting space for gathering. The living area opens to a spacious two-level back deck, ideal for relaxing, grilling and entertaining. The boathouse is well-equipped with a boat lift, two jet ski lifts, a generous storage room and large seating area - perfect for long lake days and sunset evenings. The primary suite features an ensuite bath, while a guest bedroom and full guest bathroom are conveniently located on the first floor. Upstairs, a versatile loft currently serves as a third bedroom, offering additional sleeping space or a flex area. Currently operating as a successful short-term rental, this could be the perfect weekend getaway with the added benefit of income potential.
| |||
| Aug 11, 2022 | Sold | ||
| Sold | |||
| Jun 30, 2022 | Listed by Gatehouse Properties | $540,000 | |
| Listed by Gatehouse Properties | |||
| | |||
|
Waterfront home in gated Cape Royale Community! The home is currently set up to comfortably sleep 12-14 guests. Charming stone front w/two story ceilings in living area. Custom stone wood burning fireplace for winter getaways. New double pane low E windows installed 2022. All bunkbeds in loft, sleeper sofa and dining room table are included. Boat dock has double jet ski lift, boat lift, sun deck & large sitting area; has 12x14 storage building w/extended inside height, shelving for storing large floats. Boat house has running water, full size refrigerator, outdoor shower, lit walkway & fun rope swing.. Home/dock situated inside of a cove offering, protection from rough water while maintaining open water views of the lake/Pine Island. Sandy bottom waterfront great for swimming w/slopping entrance to the water from shore. End of boat dock has 12'-14' canal drop perfect for year round boating and fishing. Automatic sprinkler system w/easy to maintain landscape. Seller is listing agent.
| |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Cape Royale
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Listed by: Cyndi Kornegay, Gatehouse Properties
Last Updated: 4 months ago
Data Source: HAR , MLS# 69010506
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Last Updated: 4 months ago
Data Source: HAR , MLS# 69010506
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