23
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10603 Mackenzie Drive
About This Property
**RECENT UPDATES:** AC – Summer 2024; primary bathroom renovation – Oct. 2023; right section of backyard fence – Jan. 2025; Room 1 bamboo vinyl flooring – 2024; garage door opener – March 2025; kitchen garbage disposal – Jan. 2024. Great opportunity for homeowners, first-time buyers, or investors looking to renovate, hold, rent, or make it their own. Convenient Houston location near major roads, shopping, dining, schools, and everyday amenities. **Bring your vision and make this home yours! Schedule your showing today!**
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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 |
|---|---|---|---|
| Sep 28, 2026 | Relisted | $200,000 | |
| Relisted | |||
| Sep 25, 2026 | In contract | - | |
| In contract | |||
| Sep 13, 2026 | Price Decreased |
$200,000
↓ $20K
(9.1%) | |
| Price Decreased | |||
| Jul 2, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 1, 2026 | Listed by JLA Realty | $220,000 | |
| Listed by JLA Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017