25
Map
2002 Millhouse Road
About This Property
The primary bathroom has been updated with a soaking tub, walk-in shower, granite-top vanity with double sinks, and updated fixtures. The second-floor bedrooms are spacious and include access to a loft area and a full bathroom. The backyard includes a large patio, privacy fencing, and a recently installed fence. Additional features include a three-car garage, with one bay offering an extra-tall overhead door.
The property is conveniently located approximately 20 minutes from Downtown Houston, about 10 minutes from The Woodlands, and approximately 10 minutes from IAH Airport.
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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 |
|---|---|---|---|
| Dec 19, 2025 | Sold | ||
| Sold | |||
| Nov 10, 2025 | In contract | - | |
| In contract | |||
| Nov 4, 2025 | Listed by RE/MAX Integrity | $359,900 | |
| Listed by RE/MAX Integrity | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017