24402 Ivory Sunset Lane
About This Property
The soaring ceilings in the family room create a grand atmosphere, while the gourmet kitchen featuring granite countertops, stainless steel Whirlpool appliances, a huge island, and a breakfast area makes cooking and gathering a delight.
Step outside to a covered patio and a spacious backyard with no back neighbors, perfect for privacy and family fun. The community offers walking trails, pocket parks, a dog park, and a recreation center, all just minutes from shopping, top-rated schools, and Katy Mills Mall, with easy access to I-10 and the Grand Parkway.
This home has everything you're looking for style, comfort, and location!
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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 |
|---|---|---|---|
| Dec 11, 2025 | Sold | ||
| Sold | |||
| Nov 12, 2025 | In contract | - | |
| In contract | |||
| Oct 14, 2025 | Price Decreased |
$410,000
↓ $15K
(3.5%) | |
| Price Decreased | |||
| Sep 9, 2025 | Listed by Coldwell Banker Realty - Sugar Land | $425,000 | |
| Listed by Coldwell Banker Realty - Sugar Land | |||
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017