$455,000 Last Listed Price
●
House -
Off Market
15518 Rainbow Trout Drive
Cypress, TX 77433
4 Beds
3 Baths
2,704 Ft²
$3,474
Est. Monthly
$116
HOA / Fees
4.38%
Cap Rate
About This Property
This modern two-story home, built in 2019, offers a spacious and
well-lit living space. The first floor features two bedrooms and
two full bathrooms, providing ample convenience. High ceilings and
numerous windows allow for an abundance of natural light throughout
the home. The kitchen is equipped with a large island, a walk-in
pantry, and plenty of cabinets, making it ideal for cooking and
entertaining. The primary bathroom boasts two sinks, granite
countertops, and a walk-in shower with a rain showerhead. The home
also includes a covered patio with decorative tile floor perfect
for outdoor relaxation. For added peace of mind, the house is
equipped with full power surge protection and connections for an
outside generator Transfer Switch. Additionally, the garage
features two 120V plugs to charge EV cars. With four bedrooms in
total, this home offers ample space for family and guests.
Unit Size
2,704 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$168
Property Type
House
Property Taxes
$1,123
HOA Dues
$116
Year Built
2018
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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 #98564401)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 2, 2025 | Sold | ||
| Sold | |||
| Mar 30, 2025 | Listed by The Agency Austin, LLC | $455,000 | |
| Listed by The Agency Austin, LLC | |||
| Mar 25, 2025 | No longer available | - | |
| No longer available | |||
| Mar 20, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Mar 5, 2025 | Listed by Re/Max Property Group | $455,000 | |
| Listed by Re/Max Property Group | |||
| | |||
|
This modern two-story home, built in 2019, offers a spacious and well-lit living space. The first floor features two bedrooms and two full bathrooms, providing ample convenience. High ceilings and numerous windows allow for an abundance of natural light throughout the home. The kitchen is equipped with a large island, a walk-in pantry, and plenty of cabinets, making it ideal for cooking and entertaining. The primary bathroom boasts two sinks, granite countertops, and a walk-in shower with a rain showerhead. The home also includes a covered patio with decorative tile floor perfect for outdoor relaxation. For added peace of mind, the house is equipped with full power surge protection and connections for an outside generator Transfer Switch. Additionally, the garage features two 120V plugs to charge EV cars. With four bedrooms in total, this home offers ample space for family and guests.
| |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Harris
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Listed by: Anita Lloyd, The Agency Austin, LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 98564401
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Last Updated: 4 months ago
Data Source: HAR , MLS# 98564401
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