20019 Fox Grove Lane
About This Property
Recently remodeled 3-bed, 2-bath home with a long-term tenant already in place, making this a hassle-free, cash-flowing investment from day one. The property features updated flooring, paint, fixtures, and a modernized kitchen, with all major systems under 10 years old and in great condition.
Located in a growing Houston area, this is a low-maintenance investment with top-tier tenant retention and strong local management in place. Whether you're expanding your portfolio or securing your first rental, this is a prime opportunity to own a performing asset with built-in stability. Equity appraisal, proforma, and seller's disclosure available upon request.
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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 |
|---|---|---|---|
| Sep 4, 2025 | Sold | ||
| Sold | |||
| Jul 25, 2025 | In contract | - | |
| In contract | |||
| Jul 21, 2025 | Listed by Brick + Mortar Real Estate Co | $219,000 | |
| Listed by Brick + Mortar Real Estate Co | |||
| Jul 9, 2025 | Listed | $219,900 | |
| Listed | |||
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Turn-key Investment Property, Fully renovated 3bed/2bath with a current long-term tenant in place, recent updates throughout, including flooring, paint, fixtures, kitchen and all major systems in great working condition.
Perfect for investors seeking low-maintenance property in a growing area. Don't miss this opportunity. Tenant-occupied do not disturb. For showing instructions, contact agent for details.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017