27802 Myrtle Lake Lane
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.
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 14, 2026 | Listed by Del Monte Realty | $1,725,000 | |
| Listed by Del Monte Realty | |||
| Aug 23, 2026 | No longer available | - | |
| No longer available | |||
| Aug 8, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 7, 2026 | Listed by Corcoran Genesis | $1,700,000 | |
| Listed by Corcoran Genesis | |||
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Welcome to 27802 Myrtle Lake Lane, located on a lake lot in the gated section of the master-planned Cinco Ranch community and zoned to Katy ISD. This beautiful home offers 5 bedrooms, 4 full baths, 1 half bath, and oversized 3-car garage. Enter through double doors into an elegant foyer that sets the tone for the home. The open-concept layout features a chef’s kitchen with two-tone cabinetry, built-in stainless appliances, spacious island, breakfast bar, and seamless flow into the breakfast and family room. The family room showcases beamed cathedral ceilings, fireplace, custom built-ins, wood flooring, and beautiful arched windows. The primary suite features bay windows and tray ceilings, while the spa-like bath offers a walk-in shower, jetted tub, and walk-in closet. Enjoy a backyard retreat with sparkling pool, spa, outdoor kitchen, and fireplace overlooking the lake. Experience the exceptional lifestyle of Cinco Ranch with lakes, trails, parks, and resort-style just moments away.
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| Jun 9, 2026 | Price Decreased |
$1,800,000
↓ $50K
(2.7%) | |
| Price Decreased | |||
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About Fort Bend
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017