20198 Youpon Lane
About This Property
THE ONE YOU'VE BEEN WAITING FOR!! An acre of land with a spacious one-story home in a quiet community. Main house also has guest quarters with a small kitchenette. Property includes a garage apartment with kitchen, a detached garage with a carport, extra storage behind the garage, and your very own three bay oversized workshop. All of these bonus areas can create so many possibilities. The main house has fresh paint, new flooring, and new carpet (2019). The owners have invested in a new aerobic septic system, sprinklers, furnace system, ductwork, and water heater (2019). A gate was also added to close off the backyard for more privacy. Easy access to Grand Parkway 99, 59 North, I-45 North, and a short commute to IAH Airport. Valley Ranch, The Woodlands, and Kingwood are all close by for shopping and dining.
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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 |
|---|---|---|---|
| Sep 25, 2025 | Sold | ||
| Sold | |||
| Sep 5, 2025 | In contract | - | |
| In contract | |||
| Aug 18, 2025 | Price Decreased |
$369,000
↓ $4K
(1.1%) | |
| Price Decreased | |||
| Aug 18, 2025 | Relisted | $373,000 | |
| Relisted | |||
| Aug 10, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017