18115 Bachman Branch Drive
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Oct 15, 2025 | Sold | ||
| Sold | |||
| Sep 11, 2025 | In contract | - | |
| In contract | |||
| Aug 25, 2025 | Listed by The Agency Austin, LLC | $1,680,000 | |
| Listed by The Agency Austin, LLC | |||
| Jun 27, 2025 | Price Decreased |
$1,750,000
↓ $40K
(2.2%) | |
| Price Decreased | |||
| May 29, 2025 | Listed | $1,790,000 | |
| Listed | |||
| | |||
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Welcome to this stunning home on an oversized waterfront lot in Towne Lake’s exclusive gated Marina Bay—the only Houston-area master-planned community with motorized boating. This luxury residence features a striking German schmear white brick w/black trim & entry way to soaring 20-ft ceilings & expansive views of the lake & resort-style pool. Like new 2022 build w/open-concept design connects living room, breakfast area & chef’s kitchen with a large quartz island, matte black & brushed gold finishes & premium appliances. Home includes Study, 1st floor Media Room, Game Room & wine grotto. Spacious Primary Suite w/views to lake. Must see oversized covered patio w/fireplace, sunken summer kitchen w/grill, kegerator, ice maker, fridge, TV & a showstopping pool with fire bowls, water features, and swim-up bar stools. Gated for privacy & enhanced with custom dusk-to-dawn LED exterior lighting. Located near top-rated schools, the Boardwalk, clubhouse, and with easy access to major freeways.
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About Harris
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Last Updated: 12 months ago
Data Source: HAR , MLS# 45295663
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