23307 Ivory Sedge Trail
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%.
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 | Sold | ||
| Sold | |||
| Aug 6, 2026 | In contract | - | |
| In contract | |||
| Jul 31, 2026 | Listed by Compass RE Texas, LLC - West Houston | $365,000 | |
| Listed by Compass RE Texas, LLC - West Houston | |||
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Welcome to 23307 Ivory Sedge Trail, a beautiful two-story home in the master-planned community of Elyson. Fresh new flooring and paint set a bright, modern tone throughout, complemented by high ceilings, a formal entry, and wired-for-sound convenience. The open kitchen features granite counters, a center island, and walk-in pantry, flowing seamlessly into the family room and a sunny breakfast area. The primary suite is conveniently located downstairs, showcasing an upgraded walk-in closet, dual sinks, a soaking tub, and separate shower. A dedicated home office offers flexible space for work or study. Upstairs, a spacious gameroom provides room to relax or entertain, alongside three additional bedrooms. Outside, enjoy an extended patio within a fully fenced backyard. Conveniently located near TX-99, Elyson residents enjoy resort-style amenities including a community pool, clubhouse, and recreational facilities, all zoned to Katy ISD. Call us today and schedule your showing!
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| Jul 21, 2026 | Listed by Compass RE Texas, LLC - West Houston | $375,000 | |
| Listed by Compass RE Texas, LLC - West Houston | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017