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28918 Misty Oaks Drive
About This Property
The spacious kitchen features generous cabinetry and a walk-in pantry for meals and gatherings. Separate guest or mother-in-law quarters offer a private bedroom, full bath, living area, bonus room, and kitchenette-ideal for extended family, older children, guests, or a home office.
Outside, enjoy no back or side neighbors and access to nearby nature trails. The horse-ready barn includes stalls, a wash area, water, and electricity. An insulated storage building and RV hookup provide space for equipment, hobbies, and weekend adventures.
A newer roof, three tankless water heaters, and two variable-speed, multi-zone HVAC systems add comfort and peace of mind. Located in Huffman ISD near FM 1960 and Grand Parkway 99.
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Cap Rate Calculator
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 24, 2026 | Sold | ||
| Sold | |||
| Aug 25, 2026 | In contract | - | |
| In contract | |||
| Aug 1, 2026 | Price Decreased |
$625,000
↓ $50K
(7.4%) | |
| Price Decreased | |||
| Jul 17, 2026 | Price Decreased |
$675,000
↓ $24K
(3.4%) | |
| Price Decreased | |||
| Jun 18, 2026 | Listed by JLA Realty | $699,000 | |
| Listed by JLA Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017