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326 Broad Ripple Drive
About This Property
This Lakewood Heights home has so much to love! With three bedrooms, two-and-a-half bathrooms, and a great layout, it offers plenty of space to feel comfortable without being overwhelming.
One of the best parts is the location. You're within walking distance of the neighborhood pool, Lake Houston, and the elementary school, making busy mornings and fun weekends a little easier. The large fenced backyard is ready for kids, pets, cookouts, or simply relaxing on the patio with friends and family.
Sitting on an approximately 10,504-square-foot lot, there's plenty of room to enjoy the outdoors and make the space your own. You'll also have quick access to FM 1960, keeping shopping, dining, and commuting close by.
This is a home where you can enjoy pool days, lake days, backyard barbecues, and everyday life all in one convenient location.
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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 |
|---|---|---|---|
| Oct 19, 2026 | Price Decreased |
$199,000
↓ $11K
(5.2%) | |
| Price Decreased | |||
| Sep 15, 2026 | Price Decreased |
$210,000
↓ $5K
(2.3%) | |
| Price Decreased | |||
| Aug 5, 2026 | Listed by eXp Realty LLC | $215,000 | |
| Listed by eXp Realty LLC | |||
| Jul 1, 2026 | No longer available | - | |
| No longer available | |||
| Apr 24, 2026 | Withdrawn | - | |
| Withdrawn | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017