17131 Lumberton Drive
About This Property
A welcoming foyer leads to the beautifully lit dining room, home office, powder room, and an open staircase. The owner's suite features wood floors, a bath with double vanities & a separate shower, plus two walk-in closets. Upstairs are 3 bedrooms-one with a private bath, two sharing a Jack & Jill. The media room is currently a home gym with nice flooring & extra outlets. The game room serves as a TV room and could be used as a craft area or playroom. A covered patio spans the back of the home. The Texas Tandem (3 car) garage includes a generator connection. Students attend CFISD schools and bused to McGown Elementary, Sprague Middle, and Bridgeland High.
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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 |
|---|---|---|---|
| Jul 3, 2025 | Sold | ||
| Sold | |||
| May 23, 2025 | In contract | - | |
| In contract | |||
| Mar 30, 2025 | Price Decreased |
$699,000
↓ $16K
(2.2%) | |
| Price Decreased | |||
| Mar 17, 2025 | Listed by Paragon Property Group | $715,000 | |
| Listed by Paragon Property Group | |||
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017