17
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2301 Albans Road
About This Property
Recent updates include new windows, new vinyl flooring, fresh interior and exterior paint, an updated bathroom with a standing shower, and an updated kitchen with Quartz countertops, a new refrigerator, and a new dishwasher. The property also features a new AC unit for added comfort and efficiency.
Conveniently located with easy access to Hwy. 59 and 610, and close to Rice University, Rice Village, and the Texas Medical Center. The prime location makes this property an excellent option for university students, medical professionals, or anyone looking for a convenient home with strong rental potential.
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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 28, 2026 | Listed by REALM Real Estate Professionals - Sugar Land | $1,225,000 | |
| Listed by REALM Real Estate Professionals - Sugar Land | |||
| Aug 26, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 26, 2026 | Price Decreased |
$1,249,000
↓ $26K
(2%) | |
| Price Decreased | |||
| Jun 29, 2026 | Price Decreased |
$1,275,000
↓ $14K
(1.1%) | |
| Price Decreased | |||
| Jun 12, 2026 | Price Decreased |
$1,289,000
↓ $10K
(0.8%) | |
| Price Decreased | |||
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About South Central Houston
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$1,595 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017