1422 Wheatfall LN
About This Property
This home has an open floor plan with tall ceilings which flows into an accommodating back patio area for entertaining, as well as a spacious fenced in yard. The primary suite has a sizable walk-in closet, and ensuite bath with a double vanity. Other features include upgraded lighting and fixtures, fireplace, kitchen appliances in 2018, kitchen island, 2" faux wood blinds, ADA items such as secondary bath with a roll-in shower, no steps at entry and ramp from back patio to yard, AC with Nest replaced in 2018 and a 2 car garage.
You will appreciate the proximity of shopping, restaurants and amenities such as Southpark Meadows, Sam's Club, Costco, and HEB grocery stores.
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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 |
|---|---|---|---|
| Feb 22, 2026 | In contract | - | |
| In contract | |||
| Feb 21, 2026 | Price Decreased |
$380,000
↓ $15K
(3.8%) | |
| Price Decreased | |||
| Jan 22, 2026 | Price Decreased |
$395,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Nov 12, 2025 | Relisted | $400,000 | |
| Relisted | |||
| Nov 10, 2025 | In contract | - | |
| In contract | |||
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About Parkwood
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Listed Office: eXp Realty, LLC - Listing courtesy of Unlock MLS
Phone: (888) 519-7431
Last Updated: 2026-04-03 04:15:12
Data Source: Unlock MLS, MLS# ACT3157102
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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