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2302 Fall Run Drive
About This Property
This three-story home features a striking white stone exterior, custom shutters, and a stunning spiral staircase. The kitchen showcases quartz countertops, premium Bosch appliances, and soft-close cabinets and drawers. With upscale finishes throughout, this home perfectly blends luxury, style, and everyday comfort. A rare opportunity to own a luxury home in one of Houston's top locations now.
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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 12, 2026 | Price Decreased |
$540,000
↓ $15K
(2.7%) | |
| Price Decreased | |||
| May 15, 2026 | Listed by eXp Realty LLC | $555,000 | |
| Listed by eXp Realty LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017