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1393 W Alamosa Drive
About This Property
Inside, you'll find an open-concept layout with soaring ceilings, abundant natural light, and warm, inviting finishes throughout. The expansive living area centers around a charming brick fireplace and flows seamlessly into the dining and kitchen spaces perfect for entertaining or everyday living.
The home features updated flooring installed within the past four years, giving the entire space a fresh, modern feel while maintaining its cozy character. Spacious secondary bedrooms provide flexibility for family, guests, or a home office, while the oversized primary suite offers a relaxing retreat at the end of the day.
Large windows throughout the home showcase peaceful outdoor views and fill the interior with natural light. The generously sized backyard offers endless possibilities room for a pool, workshop, garden, or simply enjoying the quiet Texas evenings under the trees.
If you've been searching for space, privacy, and modern comfort all within a secure gated community, this Forney gem checks every box.
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Cap Rate Calculator
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 9, 2026 | Sold | ||
| Sold | |||
| Aug 1, 2026 | In contract | - | |
| In contract | |||
| Jul 16, 2026 | Price Decreased |
$449,000
↓ $20K
(4.3%) | |
| Price Decreased | |||
| Jun 26, 2026 | Price Decreased |
$469,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Jun 4, 2026 | Relisted | $479,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017