39
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23007 Lanham Drive
About This Property
The light and airy kitchen boasts stainless steel appliances and a layout designed for both functionality and charm. Recent updates include energy-efficient windows, a recent A/C condenser for year-round comfort. Fresh carpet has just been installed upstairs.
Step outside to a HUGE backyard filled with mature, fruit-bearing trees-an ideal space for gatherings, gardening, or simply enjoying the outdoors. Zoned to highly acclaimed Katy ISD schools and conveniently located near TX-99 and LaCenterra dining and shopping destinations, this home truly has it all.
Don't miss out-this gem won't last long!
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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 |
|---|---|---|---|
| Aug 29, 2025 | Sold | ||
| Sold | |||
| Aug 4, 2025 | In contract | - | |
| In contract | |||
| Jul 31, 2025 | Relisted | $325,000 | |
| Relisted | |||
| Jul 29, 2025 | In contract | - | |
| In contract | |||
| Jul 25, 2025 | Price Decreased |
$325,000
↓ $8K
(2.4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017