18231 Rexine Lane
About This Property
Property is very close to Lone Star Community college and Cypress Lakes High School, both less than 2 miles. The Stone Gate Recreation Center, Barker Cypress Parks, and Berry Center of NW Houston are near. The Blackhorse Golf Club, with 2 18-hole courses is only 7.6 miles from the property. Plenty of restaurants and commercial services nearby.
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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 |
|---|---|---|---|
| May 11, 2026 | Sold | ||
| Sold | |||
| Apr 22, 2026 | In contract | - | |
| In contract | |||
| Apr 17, 2026 | Listed by Realty Of America, LLC | $269,900 | |
| Listed by Realty Of America, LLC | |||
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Welcome to this beautifully refreshed home in the sought-after Westgate community. This well-maintained two-story residence was updated in 2025 with a new roof, new vinyl flooring, new wood staircase, fresh interior paint, and updated plumbing, giving buyers added confidence from day one. Inside, enjoy a spacious living area, formal dining room, and kitchen with granite countertops and ample cabinet space. Upstairs features a versatile game room, three generously sized bedrooms, and two full bathrooms, creating a functional layout for everyday living. Located less than two miles from Lone Star College and Cypress Lakes High School, and minutes from Towne Lake Boardwalk, Berry Center, BlackHorse Golf Club, shopping, dining, parks, and entertainment. This home combines comfort, convenience, and strong value. Schedule your private showing today!
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| Jul 8, 2025 | Price Decreased |
$288,000
↓ $7K
(2.4%) | |
| Price Decreased | |||
| Jun 17, 2025 | Listed | $294,990 | |
| Listed | |||
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Discover the exceptional opportunity that awaits you at Westgate Community. This stunning home is not just ready for move-in; it is a beautifully maintained 2-story residence updated in 2025 with a new roof, new vinyl flooring, new wooden stairs, fresh interior paint, and plumbing. Appreciate the expansive livingroom and the elegant formal dining area, complemented by granite countertops in the kitchen. Upstairs, you'll find a versatile gameroom, alongside the 3 bedrooms and 2 full baths. The property is ideally situated, just under 2 miles from Lone Star College & Cypress Lakes High. Additionally, you will enjoy proximity of Hwy290, Hwy6, i10, 99 Toll Rd, Barker Cypress Parks, TownLake Broadwalk and Berry Center of NW Houston. For golf enthusiasts, the renowned Blackhorse Golf Club, featuring 2-18-hole courses, only 7 miles away. With a variety of restaurants and commercial services nearby, this location offers both convenience and lifestyle. Don't miss on this incredible opportunity!
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About Westgate
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017