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21322 Ryan Michael Drive Drive
About This Property
Additional features: A beautiful large balcony with a view of the luxurious pool to enjoy breathtaking Texas sunrise and sunsets. A marvelous & climatized pool and spa, making everyday like a luxury vacation, no matter the season. The home also has 2 gated entries for added privacy & security. A 2-car garage and a 4-car garage with a custom bar and double rolling doors that connect the front and back patios. This design combines functional parking & storage with an abundance of open space for your family or business gatherings. Don't miss this unique opportunity. Take advantage of this great price as the surrounding area continues to be developed.
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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 |
|---|---|---|---|
| Jun 11, 2025 | Sold | ||
| Sold | |||
| May 2, 2025 | In contract | - | |
| In contract | |||
| Apr 7, 2025 | Price Decreased |
$460,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Feb 21, 2025 | Listed by Tejas Realty Group | $465,000 | |
| Listed by Tejas Realty Group | |||
| Sep 1, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017