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14138 Burke Forest Drive
About This Property
The kitchen boasts quartz countertops and new stainless-steel appliances. The primary bedroom is generously sized and features an upgraded en-suite bathroom. Additional highlights include new flooring throughout, a tankless water heater, and a sprinkler system. Outside, enjoy an expansive yard ideal for gardening, play, or relaxing outdoors, with a large covered patio. Subdivision amenities include two swimming pool facilities, a tennis court, and a splash pad for children perfect for the family to enjoy. Conveniently located near Hwy 249, Beltway 8, and Grand Parkway (99), with easy access to shopping and dining at Vintage Park, and zoned to Cy-Fair ISD. Don't miss the opportunity to make this beautiful home your own in one of Houston's most established neighborhoods.
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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 |
|---|---|---|---|
| Aug 14, 2026 | Sold | ||
| Sold | |||
| Jul 19, 2026 | In contract | - | |
| In contract | |||
| Jul 1, 2026 | Listed by HomeSmart | $325,000 | |
| Listed by HomeSmart | |||
| Jun 25, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 4, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
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About Prestonwood Forest
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017