22527 Indian Ridge Drive
About This Property
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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%.
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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 |
|---|---|---|---|
| Sep 23, 2026 | Listed by Greenwood King Properties - Kirby Office | $229,000 | |
| Listed by Greenwood King Properties - Kirby Office | |||
| Oct 24, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 2, 2025 | Listed by KA Realty | $320,000 | |
| Listed by KA Realty | |||
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Welcome to 22527 Indian Ridge Drive, a charming home in the established Cimarron community of Katy. This property features a bright open layout with a spacious living room and cozy fireplace, a functional kitchen with plenty of storage, and a private primary suite with en-suite bath. Secondary bedrooms are versatile for family, guests, or office space, while the large backyard with mature trees offers room to relax or entertain. Conveniently located near Mason Road, I-10, and top-rated Katy ISD schools. Photos will be uploaded shortly!
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| Feb 27, 2020 | Sold | ||
| Sold | |||
| Feb 7, 2020 | Listed by ThisIsLivin Properties, LLC | $205,000 | |
| Listed by ThisIsLivin Properties, LLC | |||
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Welcome to this 1-story, ranch style home in the heart of Cimarron where contemporary and traditional design combine to set this home above all others. Newly renovated with beautiful, neutral color palette, gleaming laminate flooring, and granite kitchen counters. This home showcases a beautiful atrium with tons of natural sunlight and relaxing ambiance. The living room features a vaulted ceiling and beautiful accent wall with custom cabinetry, and floor to ceiling brick fireplace. Large master bedroom with en suite bathroom ; Subdivision amenities includie pool, KISD Schools, Low Taxes, close proximity to restaurants and shopping, West Houston medical facilities, I-!0 and Grand Parkway. Come see this beauty for yourself!
Zoned to exemplary KatyISD & easy access to major commuter routes! Low HOA & tax rate.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017