49
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$839,900
●
House -
For Sale
991 Kings Way
Coldspring, TX 77331
5 Beds
3 Baths
3,006 Ft²
$5,685
Est. Monthly
$176
HOA / Fees
About This Property
Tucked away on three sprawling lots totaling 1.1 acres, this
tastefully appointed waterfront home offers a rare blend of
privacy, space and scenic beauty at the end of a peaceful cove.
Surrounded by lush trees, this secluded retreat is ideal for
relaxing, entertaining and making lasting memories. The primary
suite is situated on one side of the home with direct access to the
screened porch and with 5 total bedrooms, there's plenty of space
for family and guests. A cozy study nook or craft area adds
versatility, while generous storage keeps things organized. Step
outside and enjoy a variety of inviting outdoor spaces, from
sipping your morning coffee on the porch, to hosting dinners on the
covered deck, firing up the outdoor kitchen with its built-in pizza
oven or cooling off in the sparkling pool during the heat of a
Texas summer. Set across multiple lots, this one-of-a-kind property
provides room to add a second garage or additional structures.
Unit Size
3,006 Ft²
Days on Market
-
Land Size
1.15 acres
Price per sqft
$279
Property Type
House
Property Taxes
$1,385
HOA Dues
$176
Year Built
2010
Listed By
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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: 5 months ago (HAR #39175051)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 4, 2026 | Listed by Compass RE Texas, LLC - The Woodlands | $839,900 | |
| Listed by Compass RE Texas, LLC - The Woodlands | |||
| Dec 10, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 3, 2025 | Listed by Compass RE Texas, LLC - The Woodlands | $850,000 | |
| Listed by Compass RE Texas, LLC - The Woodlands | |||
| | |||
|
Tucked away on three sprawling lots totaling 1.1 acres, this tastefully appointed waterfront home offers a rare blend of privacy, space and scenic beauty at the end of a peaceful cove. Surrounded by lush trees, this secluded retreat is ideal for relaxing, entertaining and making lasting memories. The primary suite is situated on one side of the home with direct access to the screened porch and with 5 total bedrooms, there's plenty of space for family and guests. A cozy study nook or craft area adds versatility, while generous storage keeps things organized. Step outside and enjoy a variety of inviting outdoor spaces, from sipping your morning coffee on the porch, to hosting dinners on the covered deck, firing up the outdoor kitchen with its built-in pizza oven or cooling off in the sparkling pool during the heat of a Texas summer. This unique, must-see property is for anyone looking for a serene waterfront haven with room to relax and entertain.
| |||
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener, Circular Driveway
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Crown Molding, Formal Entry/Foyer, En-Suite Bath, Primary Bed - 1st Floor, Split Plan, Walk-In Closet(s)
Appliances: Disposal, Electric Oven, Microwave, Electric Range, Dishwasher
Flooring Type: Carpet, Slate, Wood
Laundry Features: Electric Dryer Hookup, Washer Hookup
Has Fireplace
Fireplace Features: Wood Burning
Fireplaces: 1
Exterior Details
Square Footage: 3006
Architectural Style: Traditional
Year Built: 2010
Waterfront Features: Lake Front, Bulkhead
Building Area Total: 3006
Other Structures: Boat House
Construction Materials: Cement Siding
Patio and Porch Features: Covered, Porch, Screened, Patio/Deck
Pool Features: Gunite, In Ground, Pool With Hot Tub Attached
Pool is Private
Lot Features: Subdivided, Waterfront, Wooded, 1 Up to 2 Acres
Lot Size Area: 1.1531
Lot Size Units: Acres
Lot Size Acres: 1.1531
Lot Size Square Feet: 50229.036
Water Source: Water District
Financial Details
Tax Annual Amount: $16,623
Utilities Details
Cooling Type: Electric
Heating Type: Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Basketball Court, Boat Slip, Clubhouse, Fitness Center, Marina, Park, Picnic Area, Playground, Pool, Tennis Court(s), Trail(s), Controlled Access, Pickleball Court, Pond
HOA Fee: $2,107
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Cape Royale
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Listed by: Emily Schmitt, Compass RE Texas, LLC - The Woodlands
Last Updated: 5 months ago
Data Source: HAR , MLS# 39175051
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Last Updated: 5 months ago
Data Source: HAR , MLS# 39175051
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