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8311 Shoregrove Drive
About This Property
Step outside to your private backyard retreat complete with a sparkling pool, relaxing spa, and expansive patio overlooking the water. Large windows throughout the home provide abundant natural light and showcase the scenic lake views. Conveniently located near Lake Houston, shopping, dining, golf courses, and major commuter routes, this move-in-ready property combines luxury, comfort, and resort-style living in one exceptional package. Fully furnished and ready for immediate enjoyment.
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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 |
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| Jun 12, 2026 | Listed by Texas United Realty | $1,250,000 | |
| Listed by Texas United Realty | |||
| Nov 12, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 11, 2025 | Listed by Texas United Realty | $990,000 | |
| Listed by Texas United Realty | |||
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This stunning 4,100 sq ft home on Lake Houston is perfect for families seeking space, comfort, and breathtaking views. The expansive deck is the ideal spot to enjoy morning coffee, host gatherings, or take in the sunset over the water. With a private pool and hot tub, relaxation is always within reach, while direct lake access offers endless opportunities for fishing, boating, and water activities.
Inside, the home features spacious living areas, elegant finishes, and a fully equipped kitchen, perfect for family gatherings and entertaining. Large windows throughout fill the home with natural light and showcase the beautiful surroundings.
Whether you're looking for a forever home or a weekend retreat, this exceptional property offers the best of waterfront living. Don’t miss this rare opportunity—schedule your private tour today!
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| Apr 4, 2023 | Sold | ||
| Sold | |||
| Feb 17, 2023 | Listed by My Castle Realty | $843,000 | |
| Listed by My Castle Realty | |||
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WATERFRONT Custom Home with incredible lakefront views and beautiful sunsets. This home has been updated, upgraded and meticulously maintained. Lush landscaping with brick elevation flowing into the grand entry with curved stairway. Stunning family room with a high ceilings throughout and wall of windows overlooking the resort style backyard. Formal living, formal dining with Butler's pantry with large open kitchen, Sub Zero refrigerator, Thermador appliances complete the first floor. Primary Suite with sitting area, luxurious bath and his and hers walk in closets. Three additional bedrooms with jack & jill baths, office and game room upstairs. BACKYARD PARADISE complete with extensive landscaping, outdoor shower, cabana bathroom, outdoor living, heated pool/spa, and fenced yard. Elevated lot with deep water access to Lake Houston(recently dredged) and 2 story boat dock with boat and wave runner lifts. Hard to find resort style living in an incredible location with excellent schools.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017