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15711 Downford Drive
About This Property
Inside, you'll find a spacious floor plan featuring a cozy wood-burning fireplace, custom cabinetry throughout the kitchen and bathrooms, granite countertops, and abundant storage. Major systems have been updated, offering peace of mind for years to come.
The first-floor primary suite provides privacy, while three additional bedrooms upstairs offer flexibility for family, guests, or a home office. Step outside to a beautifully landscaped backyard with an expansive patio and no back neighbors, creating the perfect setting for relaxing or entertaining. Conveniently located near Hwy. 249, the Grand Parkway, shopping, dining, and highly acclaimed Tomball ISD schools.
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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 |
|---|---|---|---|
| Sep 22, 2026 | Relisted | $339,000 | |
| Relisted | |||
| Sep 17, 2026 | In contract | - | |
| In contract | |||
| Aug 18, 2026 | Price Decreased |
$339,000
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Jul 1, 2026 | Listed by Keller Williams Realty Professionals | $349,000 | |
| Listed by Keller Williams Realty Professionals | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017