Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Waterfront Residential Land with Pier Title is generated by Realmo AI

    703 Lake Shore Dr, Trinity, TX 75862

    View on Map
    Claim this Listing
    New
    For Sale
    $115,000

    Waterfront lot on White Rock Creek with a damaged small pier and existing site improvements ready for redevelopment.

    Type:Land
    Added:
    Jun 1, 2026
    Days on Market:
    7
    Last Refresh:
    Jun 6 at 3:23 am

    Property Features for 703 Lake Shore Dr

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Theresa Gallagher

    Listing agent Theresa Gallagher

    Listing office

    Listing date Jun 1, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Theresa Gallagher

    HighLights

    • Waterfront lot on White Rock Creek in Harbor Point near Goat Island
    • Includes existing concrete runners, a carport, and a small storage shed
    • Small pier on‑site needs repair
    • Harbor Point amenities include access gate, swimming pool, clubhouse, boat ramp, and playground

    Overview

    This waterfront lot includes remnants of prior improvements, with concrete runners, a carport, and a small storage shed remaining on site. A small pier is also present but needs repair, offering a starting point for buyers planning future water access and site work.

    The property is located on White Rock Creek and is near Goat Island, providing a natural waterfront setting. The Harbor Point community offers an access gate, swimming pool, clubhouse, boat ramp, and playground. Based on provided walk and bike scores, the area is car-dependent and somewhat bikeable.

    For buyers looking to build a primary residence or a waterfront retreat, this parcel provides water-frontage-oriented use with existing structures and site elements that may reduce early demo and site setup. Because the pier requires repair, interested parties should plan for any necessary waterfront restoration as part of their buildout plans. Schedule a showing to review the site and improvements in person.
    Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Real Estate Agency Law Firm Dental Office Hotel & Motel Bed & Breakfast Pet Store (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Trinity
    County
    Trinity
    State
    Texas
    Longitude
    -95.2542068
    Latitude
    30.9242059

    Nearby Similar for Sale

    • $275,000

      High-Visibility Car Wash For Sale

      Self-serve car wash with in-bay automatic and upside potential.
      452 South Robb Street, Trinity, TX 75862
      View Details
    • $649,900

      Picturesque Home on 49 Acres

      3-bedroom home on 49 acres with barns and ponds.
      1 Fm 230, Trinity, TX 75862
      View Details
    • $2,990,000

      246 Acres Texas Ranch Paradise

      Exceptional ranch with lake, ponds, equestrian facilities, and shooting range.
      485 Fm 230, Trinity, TX 75862
      View Details
    • $999,950

      Picturesque Acreage with Brick Home

      49-acre property featuring a brick home, barns, and ponds.
      394 Fm 230, Trinity, TX 75862
      View Details
    • $19,900

      Corner Lot Near Lake Livingston

      0.35-acre lot with utilities near Lake Livingston, Trinity, TX.
      307 Cherokee Drive, Trinity, TX 75862
      View Details
    • $12,900

      Residential Lot in Trinity, TX

      0.33-acre residential lot suitable for single-family home.
      Dryden Street lot: 7, Trinity, TX 75862
      View Details
    • $393,000
      1,050 SF

      Waterfront Property with Barndominium

      Move-in ready waterfront property with expansion potential.
      380 Lonesome Dove Trl, Trinity, TX 75862
      View Details
    • $1,000,000

      28.22 Acres of Land

      28.22 acres with highway frontage, potential for development.
      347 E Caroline St, Trinity, TX 75862
      View Details
    • $9,900

      Wooded Residential Lot with Lake Access

      Flat, wooded lot in Trinity Cove subdivision offers private lake access for building a single-family or manufactured home.
      Anglers Drive lot: 17, Trinity, TX 75862
      View Details
    • $2,990,000
      1,600 SF

      Lake Livingston Ranch with Exotic Game

      High-fenced ranch near Lake Livingston, suitable for recreational or business.
      870 Fm 3188, Trinity, TX 75862
      View Details
    • $45,500

      Waterfront Lot with RV Hookup

      0.95-acre waterfront lot with RV hookup and community amenities.
      376 Nueces Dr, Trinity, TX 75862
      View Details
    • $12,900

      Residential Corner Lot with Lake Access

      Flat, wooded corner lot with power, water, and traditional septic option, plus private Lake Livingston access nearby.
      Hunters Drive lot: 13-14, Trinity, TX 75862
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - Waterfront lot on White Rock Creek with a damaged small pier and existing site improvements ready for redevelopment.
    Where is this waterfront land located?
    The property is located at 703 Lake Shore Dr Trinity, TX.
    What is the asking price?
    The asking price for this property is $115,000.
    What are key features of this property?
    This property features: Waterfront lot on White Rock Creek in Harbor Point near Goat Island; Includes existing concrete runners, a carport, and a small storage shed; Small pier on‑site needs repair
    (936) 594-3585
    We can help!
    Listing Contact
    Theresa Gallagher
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    703 Lake Shore Dr, Trinity, TX 75862
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!