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16703 Spring Glade Drive
About This Property
Upstairs boasts a versatile game room-perfect for family movie nights, home office, play area, or creative retreat. Ideal for growing families or entertaining.
Solid structure in a family-friendly neighborhood with mature trees, friendly streets, highly rated Cy-Fair ISD schools, and quick access to shopping, dining, major highways, and vibrant Cypress amenities.
Home would benefit from cosmetic updates (fresh paint, modern flooring, updated finishes)-a fantastic opportunity to personalize and build equity in sought-after 77429 with strong resale value.
Great for first-time buyers, investors, or anyone seeking a project in an excellent community!
Don't miss out-schedule your showing today and envision the possibilities!
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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 |
|---|---|---|---|
| Feb 23, 2026 | Sold | ||
| Sold | |||
| Jan 29, 2026 | In contract | - | |
| In contract | |||
| Jan 21, 2026 | Listed by eXp Realty LLC | $275,000 | |
| Listed by eXp Realty LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017