20023 Ray Falls Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 7, 2025 | Sold | ||
| Sold | |||
| Sep 13, 2025 | In contract | - | |
| In contract | |||
| Aug 21, 2025 | Price Decreased |
$370,000
↓ $10K
(2.6%) | |
| Price Decreased | |||
| Aug 1, 2025 | Listed by eXp Realty, LLC | $380,000 | |
| Listed by eXp Realty, LLC | |||
| |||
|
Welcome to 20023 Ray Falls Drive, a beautifully maintained 5-bedroom, 3.5-bathroom home in the desirable Willow Falls community. With 2,739 sq ft of living space, this two-story gem features high ceilings, a grand staircase, and an open-concept layout ideal for entertaining. The kitchen is equipped with granite countertops, a large island, and stainless-steel appliances, all overlooking the spacious living area. The first-floor primary suite offers a spa-like bath with dual vanities, soaking tub, and walk-in shower. Upstairs, you'll find a generous game room and four secondary bedrooms, each with access to full bathrooms. Step outside to a renovated covered patio—perfect for relaxing outdoors. Additional features include low-E windows, radiant attic barrier, a two-car garage, and access to Tomball ISD schools. With easy access to Hwy 249 and Grand Parkway, this home combines comfort, style, and convenience.
| |||
| Jul 1, 2025 | Listed | $385,000 | |
| Listed | |||
| | |||
|
This stunning 5-bed, 3.5-bath home offers elegance and comfort with high ceilings, a grand foyer, and a spacious loft/game room. Beautiful wrought iron staircase, French doors, and art niches add charm.
Enjoy a formal dining room, large den, and a renovated covered patio. The gourmet kitchen features granite counters, a large island with bar seating, and stainless steel appliances.
The luxury primary suite includes a spa-like bath with dual vanities, a garden tub, and a walk-in closet. Energy-efficient features, wood, tile, and carpet flooring, plus a prime location near 249 & Grand Parkway make this home a must-see!
Located in the desirable Willow Falls subdivision, residents enjoy a community park, scenic walking trails, and a neighborhood playground, providing plenty of opportunities for outdoor recreation and relaxation. With easy access to shopping, dining, and top-rated schools, this home offers both convenience and an exceptional lifestyle.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017