16240 2nd Street
About This Property
Located just minutes from the main highway, you'll enjoy easy access to everyday conveniences, from the Manvel Town Center and Pearland Town Center for shopping and dining, to scenic outdoor destinations like Brazos Bend State Park, Surfside Beach, and Freeport Beach, perfect for weekend getaways and family fun.
With no HOA, you'll have the freedom to truly make this property your own, whether that means adding a workshop, a pool, or your dream garden retreat. Inside, you'll find generous living spaces, abundant natural light, and a welcoming floor plan designed for both relaxation and functionality.
This is your chance to own a home that perfectly blends rural tranquility with city convenience, a rare find in Rosharon!
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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 |
|---|---|---|---|
| Feb 27, 2026 | Sold | ||
| Sold | |||
| Feb 1, 2026 | In contract | - | |
| In contract | |||
| Dec 31, 2025 | Price Decreased |
$390,000
↓ $15K
(3.7%) | |
| Price Decreased | |||
| Nov 11, 2025 | Listed by Intero River Oaks Office | $405,000 | |
| Listed by Intero River Oaks Office | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017