$197,500 Last Listed Price
●
House -
Off Market
1240 22nd Street E
Hempstead, TX 77445
3 Beds
2 Baths,
1
Half Bath
1,519 Ft²
$199,031
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model
About This Property
New Construction by MKM Superior Homes! 3/2.5/1 car garage
w/Electric Opener. The interior features include Open living area,
Stainless Steel appliances, High Definition Laminate countertops in
kitchen and all bathrooms! Ceiling fans in living AND Primary
bedroom! Primary bath features Dbl vanity and large walk-in-closet.
Luxury vinyl plank flooring in living areas and carpet in bedrooms.
Pocket office at kitchen, mud room off the garage and loft upstairs
for flex space. Large Laundry room upstairs for convenience.
Insulated Vinyl Double pane windows, insulated exterior doors,
2-inch faux blinds through-out the home, Programmable Thermostat,
Pex plumbing, TAMKO® Elite glass-seal roofing shingles, Exterior is
Hardie siding with two tone Sherwin Williams paint, Sodded yard
around home but lot is larger than sodded area. High Efficiency
HVAC System. Seamless Aluminum Gutters on Front of home.
Unit Size
1,519 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$130
Property Type
House
Property Taxes
$14
HOA Dues
-
Year Built
-
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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: 4 months ago (HAR #27471830)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 13, 2026 | Sold | ||
| Sold | |||
| Jan 10, 2026 | In contract | - | |
| In contract | |||
| Jan 9, 2026 | Price Increased |
$209,000
↑ $10K
(5%) | |
| Price Increased | |||
| Nov 13, 2025 | Price Decreased |
$199,000
↓ $10K
(4.8%) | |
| Price Decreased | |||
| Oct 28, 2025 | Listed by CB&A, Realtors | $209,000 | |
| Listed by CB&A, Realtors | |||
   | |||
|
Charming two-story home featuring a welcoming front porch and abundant natural light throughout. The kitchen offers plenty of counter and cabinet space along with a convenient pantry. Lots of storage area. Downstair powder room for your guests. All Bedrooms located conveniently on the second level and are comfortably sized with plush carpeting and ceiling fans for added comfort. The primary bathroom includes dual sinks and a bath/shower combo. A utility room on the second level keeps everything upstairs and out of sight! This home is functional and inviting. Large fenced yard allows for cookouts, games and more. Time to stop renting....come check out this affordable option! 30 minutes to Cypress, 30 minutes to I-10, 45 minutes to College Station and minutes from Hwy 290.
| |||
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Property Highlights
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About Hempstead
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Listed by: Kristie Zorens, Kristie Zorens Realty, LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 27471830
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Last Updated: 4 months ago
Data Source: HAR , MLS# 27471830
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