23222 Penstemon Trail
About This Property
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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.
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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 19, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 18, 2026 | Listed by Corcoran Genesis | $350,000 | |
| Listed by Corcoran Genesis | |||
| Aug 22, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 21, 2026 | Listed by Corcoran Genesis | $359,999 | |
| Listed by Corcoran Genesis | |||
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** ASSUMABLE 4.5% FHA LOAN** Perfectly situated on a desirable corner lot in the award-winning master-planned community of Elyson and zoned to Katy ISD! This beautifully maintained home offers 4 bedrooms, 3 full baths, that includes a versatile upstairs room, and a 2-car garage. A soaring entry welcomes you into an open-concept layout designed for effortless entertaining and everyday living. The stunning kitchen features crisp white shaker cabinetry, granite countertops, a striking custom tile backsplash, and an oversized island overlooking the bright family room with sleek tile flooring and walls of windows. Retreat to the spacious primary suite with a spa-like bath offering a soaking tub, walk-in shower, and generous closet. Upstairs, the bonus room with a full bath is perfect as a game room or guest suite. Enjoy relaxing on the covered brick patio while taking advantage of Elyson's resort-style pools, fitness center, parks, trails, and vibrant community lifestyle.
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| Aug 12, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017