12623 Canyon Falls Boulevard
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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%.
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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 9, 2026 | Price Increased |
$354,560
↑ $39K
(12.4%) | |
| Price Increased | |||
| Aug 10, 2026 | Price Decreased |
$315,560
↓ $28K
(8.2%) | |
| Price Decreased | |||
| Jul 24, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 23, 2026 | Listed by eXp Realty LLC | $343,840 | |
| Listed by eXp Realty LLC | |||
| Jun 15, 2026 | Listed by eXp Realty LLC | $343,840 | |
| Listed by eXp Realty LLC | |||
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Welcome to this beautiful new construction home in Enclave at Willis! Offering 4 bedrooms, 3 full bathrooms, and 2,121 square feet of thoughtfully designed living space, this home features an open-concept layout with soaring ceilings and abundant natural light. The gourmet kitchen showcases 42-inch cabinetry, granite countertops, a large center island, and stainless-steel appliances—perfect for entertaining or everyday living. The spacious primary suite offers a private retreat, while the additional bedrooms provide flexibility for family, guests, or a home office. Step outside to a covered patio, ideal for relaxing or hosting gatherings. Located in the desirable Enclave at Willis community and zoned to Willis ISD, this home combines modern style, comfort, and convenience. Schedule your private tour today! MODEL ADDRESS: 12591 CANYON FALLS BLVD, WILLIS, TX 77318. Photos are Representative.
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About Willis
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017