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16206 Evergreen Timbers
About This Property
Outside, enjoy a fully fenced backyard and a generous approximately one-third-acre lot with plenty of room to relax, entertain, or enjoy the outdoors. Located in Magnolia ISD with convenient access to Magnolia, Tomball, shopping, dining, and major roadways. With fresh updates, granite countertops, a large lot, and an affordable annual HOA, this home is ready for its next owner. Schedule your private showing today!
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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 28, 2026 | Listed by Specialized Property Management | $159,500 | |
| Listed by Specialized Property Management | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017