$388,000
●
House -
In Contract
21230 Blue Palm Lane
Cypress, TX 77433
4 Beds
3 Baths
2,248 Ft²
$2,256
Est. Monthly
$108
HOA / Fees
About This Property
Stunning one-story 4/3/2 home on a premium cul de sac lot with no
backyard neighbors. Home has a brick back fence for ultimate
privacy. The living area features a striking custom fireplace with
a beautiful mango wood mantle adding a touch of warmth to the
space. The kitchen is a chef's dream w/glass front upper cabinets,
under cabinet lighting, & plenty of storage for all of your
culinary needs. Primary bedroom is large enough for all of
your furniture, the en-suite bath has a freestanding tub and large
shower. One secondary suite is a standout with a separate living
area & bath that can serve as a private retreat or however you
choose to suit your needs. You will find 2 additional
secondary bedrooms. Has several hi tech features including built in
wifi extenders, smart switches, and a Ring camera. Water softener,
alkaline filter, also front & back irrigation included for your
comfort & convenience. Just steps away from Marvida's fantastic
lazy river and amenities for family fun.
Unit Size
2,248 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$173
Property Type
House
Property Taxes
$242
HOA Dues
$108
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: 2 months ago (HAR #62565727)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2026 | In contract | - | |
| In contract | |||
| Aug 22, 2026 | Price Decreased |
$388,000
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Apr 21, 2026 | Price Decreased |
$398,000
↓ $17K
(4.1%) | |
| Price Decreased | |||
| Mar 20, 2026 | Listed by Better Homes and Gardens Real Estate Gary Greene - Lake Conroe South | $415,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Lake Conroe South | |||
| Mar 17, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
Show More
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: All Bedrooms Down, En-Suite Bath, Primary Bed - 1st Floor, Walk-In Closet(s)
Appliances: Disposal, Microwave, Dishwasher
Has Fireplace
Fireplace Features: Gas Log
Fireplaces: 1
Exterior Details
Square Footage: 2248
Architectural Style: Traditional
Year Built: 2023
Building Area Total: 2248
Construction Materials: Brick, Cement Siding
Lot Features: Subdivided, 0 Up To 1/4 Acre
Lot Size Area: 0.1638
Lot Size Units: Acres
Lot Size Acres: 0.1638
Lot Size Square Feet: 7135.128
Water Source: Public, Water District
Financial Details
Tax Annual Amount: $2,909
Utilities Details
Cooling Type: Electric
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA Fee: $1,290
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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Listed by: Dyann McArdle, Better Homes and Gardens Real Estate Gary Greene - Lake Conroe South
Last Updated: 2 months ago
Data Source: HAR , MLS# 62565727
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Last Updated: 2 months ago
Data Source: HAR , MLS# 62565727
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