Copied 427 E Shore Dr, Clear Lake Shores, TX 77565, US $2,100,000 427 E Shore Dr, Clear Lake Shores, TX 77565 Checked: 6 hours ago Updated: Jul 19, 2025 at 08:31AM Investment Summary Net Operating Income (NOI) minus mortgage payments. Calculation: NOI - Mortgage Payments Monthly Cash Flow -$7,746 Capitalization Rate is a rate of return that compares the yearly Net Operating Income (NOI) to the market value.