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16263 Kanani Court
About This Property
Situated on a quiet cul-de-sac, this property provides privacy while being conveniently close to shopping,
dining, and recreational options. Outdoor enthusiasts will enjoy nearby Sam Houston National Forest and
the Lone Star Hiking Trail, while easy access to I-45 and TX-242 keeps downtown Conroe, The Woodlands,
and surrounding areas within easy reach. The home features a sizable backyard with room for gardening,
entertaining, or future expansions. The community is known for its serene, tree-lined streets and wellmaintained
neighborhood atmosphere.
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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 |
|---|---|---|---|
| Dec 23, 2025 | Sold | ||
| Sold | |||
| Dec 9, 2025 | In contract | - | |
| In contract | |||
| Oct 16, 2025 | Listed by One2Three Realty | $164,900 | |
| Listed by One2Three Realty | |||
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About Lone Star Ranch
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$7,800 /mo
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$2,990 /mo
- 4 Beds
- 3 Baths
- 2,602 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017