20506 Walnut Canyon Drive
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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 |
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| Aug 6, 2024 | Sold | ||
| Sold | |||
| Jun 24, 2024 | In contract | - | |
| In contract | |||
| Jun 18, 2024 | Listed by Compass RE Texas, LLC - Katy | $480,000 | |
| Listed by Compass RE Texas, LLC - Katy | |||
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Open House Cancelled. Step into luxury and comfort with this 1-story home nestled in the man-gated community of Canyon Gate at Cinco Ranch. Modern kitchen boasts sleek cabinets with glass doors, complemented by a contemporary backsplash, creating a space that is as beautiful as it is practical. The living area features a fireplace with a wooden mantle and stones.Extra room that can be transformed into an office or a 4th bedroom. Luxurious shower in the primary bathroom. Every window is adorned with plantation shutters Step outside to your own private oasis, where a sparkling pool awaits, inviting you to indulge in leisurely pool parties and refreshing dips. The gated driveway and port a cochêre offer ample space for parking. The outdoor kitchen with a sink faucet and fridge, provides the ideal setting for al fresco dining and entertaining. Outdoor shower and low-maintenance backyard, featuring upgraded gravel and blocks, ensure that your outdoor space.
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| Nov 21, 2022 | Sold | ||
| Sold | |||
| Oct 20, 2022 | Listed by HomeSmart | $424,000 | |
| Listed by HomeSmart | |||
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Welcome home to 20506 Walnut Canyon! This stunning home offers a spacious 2,061 sq/ft of living space with 3 bedrooms, and 2 full bathrooms, sitting on a quiet cul-de-sac street and zoned to Katy ISD! You'll love the features this home has to offer including a gorgeous primary suite, walk-in shower with rainfall showerhead, living room with fireplace, wired for surround sound with 19 speakers, private home office, extra wide driveway, leaded glass front door, 2021 resurfaced swimming pool with gas heater and waterfalls, sprinkler system, outdoor kitchen with gas grill, gas firepit, solar screens, custom wood cabinets, Italian tile throughout the house, fully fenced backyard, covered back patio with repainted decking, gutters on whole house and garage, 3rd car addition to the garage, new roof, and so much more! Canyon Gate at Cinco Ranch is minutes from 99 and Westpark Tollway - in an excellent location! Schedule your private showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017