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16203 Barbarossa Drive
About This Property
Monthly rent: $1550/mo Gross Annual Income: $18,600/Yr Lease until January 2027 Sold as-is, Tenant occupied & Income producing. This a prime opportunity in the heart of Southwest Houston! This charming and affordable property is perfectly positioned for both investors and first-time homebuyers seeking value, convenience, and long-term upside in the highly desirable 77083 area. Featuring a smart and efficient layout, this home offers comfortable living spaces filled with natural light, making it ideal for everyday living or reliable rental income. Its manageable size and functional design appeal strongly to tenants, ensuring consistent demand and excellent cash flow potential.
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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 |
|---|---|---|---|
| Jul 29, 2026 | Sold | ||
| Sold | |||
| Jul 22, 2026 | In contract | - | |
| In contract | |||
| Jul 2, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 1, 2026 | Listed by Sierra Vista Realty LLC | $139,900 | |
| Listed by Sierra Vista Realty LLC | |||
| Jun 4, 2026 | Price Decreased |
$139,900
↓ $5K
(3.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017