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21518 Gannet Peak Way
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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 |
|---|---|---|---|
| Aug 30, 2026 | Price Decreased |
$299,000
↓ $6K
(2%) | |
| Price Decreased | |||
| Jun 26, 2026 | Listed by RE/MAX Signature | $305,000 | |
| Listed by RE/MAX Signature | |||
| Nov 24, 2025 | No longer available | - | |
| No longer available | |||
| May 29, 2025 | Listed by LPT Realty, LLC | $305,000 | |
| Listed by LPT Realty, LLC | |||
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Discover this charming single-story in the desirable Mason Lakes community in Katy. This modern, carefully maintained home features a layout with 4 bedrooms and 2 full bathrooms. zoned to the highly regarded Katy ISD school district
The open-concept layout is perfect for both relaxing and entertaining. The kitchen features generous storage, elegant quartz countertops, and a chic herringbone backsplash. Upgrades include a 2020 roof, 2021 appliances, and a 2022 AC. Enjoy peace of mind with a built-in security system including cameras.
The primary bedroom is spacious and comfortable with an in-suite bathroom, while the secondary bedrooms offer flexibility for family members, a home office, or gym. The fully fenced backyard is perfect for outdoor activities or creating a relaxing retreat.
Located just minutes from Grand Parkway 99 and I-10, an excellent choice for those seeking location, convenience, and educational quality. This home has never flooded. Come see it!
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| Feb 10, 2025 | Listed | $289,900 | |
| Listed | |||
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Welcome to your dream home! This beautifully maintained 4-bedroom, 2-bath residence offers a bright open-concept layout, perfect for entertaining and everyday living. The kitchen boasts elegant quartz countertops, a stylish herringbone backsplash, and modern hardware that adds a touch of sophistication. Enjoy peace of mind with a built-in security system including cameras. The spacious backyard features raised garden beds—ideal for outdoor fun or growing your own veggies. Recent upgrades include roof, water heater, and appliances—all under 5 years old. Located just minutes from 99 Grand Parkway and I-10, and zoned to highly rated Katy ISD schools. This home has never flooded and is filled with natural light, creating a warm and welcoming atmosphere. The oversized primary suite offers comfort and privacy, while the additional bedrooms provide flexibility for a home office, gym, or guests. Don’t miss the chance to make this charming home yours—schedule your showing today!
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About Mason Lakes
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