2804 Neches River Drive
About This Property
This beautifully updated one-story retreat is tucked in a quiet Pearland neighborhood with no back neighbors! Inside, enjoy a spacious open-concept layout featuring a modern kitchen with abundant cabinets, sleek countertops, and expansive prep space - perfect for everyday living and entertaining.
Wood-like laminate flooring flows throughout, and the updated bathrooms offer clean, modern finishes with attractive tile and fresh features. The backyard provides plenty of space to relax, garden, or play, all with added privacy thanks to a new fence.
Major upgrades include a NEW ROOF (2024), recent HVAC, PEX plumbing, water heater, and more. Located near parks and green spaces, this move-in ready home blends modern comfort with peaceful suburban living.
Come see why this one stands out!
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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 18, 2025 | Sold | ||
| Sold | |||
| Jul 25, 2025 | In contract | - | |
| In contract | |||
| Jul 22, 2025 | Relisted | $285,000 | |
| Relisted | |||
| Jul 17, 2025 | In contract | - | |
| In contract | |||
| Jun 12, 2025 | Listed by Energy Realty | $285,000 | |
| Listed by Energy Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017