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31322 Alice Lane
About This Property
Open living area is ideal for relaxing or entertaining, with versatile bedrooms perfect for a nursery, guest room, or home office. ( fireplace, covered back porch, and large lot for a garden or play )
Energy-efficient Low-E windows help reduce utility costs year-round.
Located in the highly desired Tomball ISD with convenient access to Lone Star College, shopping, dining, and major commuter routes.
Move-in ready with neutral finishes, this home is ideal for first-time buyers, downsizers, or investors seeking low-maintenance living.
This a neighborhood where people that grew up here come back to. That TOMBALL FEEL.. you crave.
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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 |
|---|---|---|---|
| May 15, 2026 | Sold | ||
| Sold | |||
| Apr 16, 2026 | In contract | - | |
| In contract | |||
| Mar 31, 2026 | Price Decreased |
$260,000
↓ $20K
(7.1%) | |
| Price Decreased | |||
| Feb 20, 2026 | Listed by RE/MAX Elite Properties | $280,000 | |
| Listed by RE/MAX Elite Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017