$340,000
●
House -
For Sale
21062 Garden Palm Drive
Cypress, TX 77433
3 Beds
2 Baths,
1
Half Bath
1,880 Ft²
$2,590
Est. Monthly
$103
HOA / Fees
About This Property
Exceptional investor opportunity w/ tenant in place through March
2027, offering immediate rental income and long term stability in
the desirable master planned community of Marvida zoned to highly
rated Cy-Fair ISD. This stunning split level floor plan was
thoughtfully designed to provide both functionality and privacy,
with the primary suite separated from the secondary bedrooms on its
own private upper level. The second floor features an open concept
family room, spacious kitchen, laundry room, half bath, and balcony
overlooking the backyard. The secluded primary retreat is also
located upstairs, creating a peaceful separation from the
downstairs living quarters. The first floor offers 2 secondary
bedrooms, a full bath, and game room w/ direct access to the
covered patio and backyard, making it ideal for multi generational
living or added tenant flexibility. Enjoy no back neighbors and a
rear brick fence maintained by the HOA. Turn key and investor ready
w/ strong rental appeal.
Unit Size
1,880 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$181
Property Type
House
Property Taxes
$818
HOA Dues
$103
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (HAR #12854710)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 19, 2026 | Listed by eXp Realty LLC | $340,000 | |
| Listed by eXp Realty LLC | |||
| Aug 28, 2024 | Sold | ||
| Sold | |||
| Jul 24, 2024 | In contract | - | |
| In contract | |||
| Jul 10, 2024 | Relisted | $341,365 | |
| Relisted | |||
| Jun 11, 2024 | In contract | - | |
| In contract | |||
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Property Highlights
Garage
Parking Details
Has Garage
Attached Garage
Parking Features: Attached
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: High Ceilings, Prewired for Alarm System, 2 Bedrooms Down, Primary Bed - 2nd Floor, Split Plan, Walk-In Closet(s)
Appliances: ENERGY STAR Qualified Appliances, Disposal, Microwave, Dishwasher
Flooring Type: Carpet, Tile
Laundry Features: Electric Dryer Hookup, Washer Hookup
Exterior Details
Square Footage: 1880
Architectural Style: Traditional
Year Built: 2023
Builder Name: Chesmar Homes
Building Area Total: 1880
Window Features: Window Coverings, Insulated/Low-E windows
Construction Materials: Brick, Cement Siding
Patio and Porch Features: Porch, Patio/Deck
Lot Features: Back Yard, Subdivided, 0 Up To 1/4 Acre
Lot Size Area: 0.0818
Lot Size Units: Acres
Lot Size Acres: 0.0818
Lot Size Square Feet: 3563.208
Water Source: Water District
Financial Details
Tax Annual Amount: $9,811
Utilities Details
Cooling Type: Ceiling Fan(s), Electric
Heating Type: Natural Gas
Location Details
HOA Fee: $1,230
HOA Fee Frequency: Annually
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Harris
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Currently no similar homes aroundNearby Rentals
Listed by: Vickie Kuo, eXp Realty LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 12854710
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Last Updated: 5 months ago
Data Source: HAR , MLS# 12854710
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