2511 Droxford Drive
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 |
|---|---|---|---|
| Sep 4, 2025 | Sold | ||
| Sold | |||
| Aug 17, 2025 | In contract | - | |
| In contract | |||
| Aug 7, 2025 | Listed by Martha Turner Sotheby's International Realty | $685,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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Discover this beautifully updated one-story ranch in Timbergrove Manor, one of Houston’s most desirable inner-loop neighborhoods. With timeless curb appeal, mature trees, and a backyard built for entertaining, this home blends charm and function. Inside, you'll find formal living and dining, a breakfast area, and a spacious den with corner fireplace and wet bar featuring Taj Mahal quartzite. The den opens directly to the backyard and includes a full pool bath with shower—perfect for indoor/outdoor living. The kitchen offers granite countertops, stainless appliances. A large flex space adds versatility for a home office or formal living room. The primary bedroom includes a generous walk-in closet and recently update bath and two secondary bedrooms share an updated bath with double sinks. Step outside to your private retreat with a flagstone surrounded pool with waterfall, and pergola. 2024 Roof!
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| May 25, 2023 | Sold | ||
| Sold | |||
| Apr 6, 2023 | Listed by Compass RE Texas, LLC | $659,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017