238 East Phillips Road
About This Property
Discover serene country living at 238 E Phillips Rd, Angleton, TX 77515. This charming 3-bedroom, 2-bathroom mobile home is nestled on 7 acres of open land, offering ample space and privacy. Built in 1999, the 1,216 sq ft residence features a split-bedroom layout and an open-concept design, ideal for comfortable living. The kitchen is equipped with an electric stove, dishwasher, and generous cabinet and countertop space. The primary suite includes a walk-in closet, garden tub, and separate shower. Additional amenities include in-unit washer/dryer hookups and a spacious 2,000 sq ft open shop, perfect for storage or projects. Located within the Angleton Independent School District, this property combines rural tranquility with convenient access to local amenities. Experience the perfect blend of comfort and space-schedule your showing today! Do Not Disturb Tenant!
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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 |
|---|---|---|---|
| Nov 3, 2025 | Sold | ||
| Sold | |||
| May 23, 2025 | In contract | - | |
| In contract | |||
| Apr 15, 2025 | Listed by Birdsong Real Estate | $325,000 | |
| Listed by Birdsong Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017