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Map
919 Lakeshore LOOP
About This Property
Nestled in the coveted Paradise Point community, this charming 2-bedroom, 2-bath home offers 1,617 sq ft of comfortable living with SE-facing decks perfectly positioned to soak in every sunrise and cool afternoon breeze. Stroll down the terraced walkway and stairs to your private dock, stretching out over the water - the perfect spot to cast a line and watch the day go by. With approximately 61 feet of good water frontage, you're truly right on the lake.
The home is full of character, anchored by a wood-burning fireplace with an Earth Stove insert - just right for those crisp Hill Country evenings. Two additional structures (each ~400 sq ft) offer wonderful flexibility: one is equipped with a full bath, making it an ideal guest cottage, studio, or bunkhouse, while the second provides power for a workshop or extra storage. The fenced yard adds peace of mind, and the property sits on approximately 0.21 acres right on the water.
Across the street, a second 0.21-acre lot gives you a 2-car garage with attached carport - ideal for lake toys, trailers, and all the gear that comes with life on the water. It's a rare combination: lakeside serenity paired with serious storage and parking.
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 8, 2026 | In contract | - | |
| In contract | |||
| Apr 30, 2026 | Listed by Lakes and Hills Realty | $464,900 | |
| Listed by Lakes and Hills Realty | |||
| Sep 23, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jul 4, 2025 | Price Decreased |
$479,000
↓ $20K
(4%) | |
| Price Decreased | |||
| Jun 5, 2025 | Price Decreased |
$499,000
↓ $30K
(5.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017