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3415 Lapstone Drive
About This Property
Welcome to this fully updated gem in the heart of Houston! No detail was overlooked in this head-to-toe renovation. Step outside and be impressed by brand-new siding, a new roof, a freshly poured driveway, walkway, and patio - offering incredible curb appeal and lasting peace of mind.
Inside, enjoy the warmth of new laminated flooring throughout, complemented by modern new light fixtures and all-new appliances. The stunning kitchen features sleek new cabinets and gorgeous quartz countertops, creating a space perfect for cooking and entertaining. Both bathrooms have been fully refreshed with new cabinetry, quartz countertops, and new plumbing hardware.
Major systems have been upgraded for worry-free living - including a brand-new HVAC system and fully re-done Plex plumbing throughout the home.
This is truly a turnkey property with all the big-ticket items done. Just unpack and enjoy!
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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 |
|---|---|---|---|
| May 31, 2026 | Listed by M&M Realty | $345,000 | |
| Listed by M&M Realty | |||
| Jan 16, 2026 | Sold | ||
| Sold | |||
| Nov 20, 2025 | In contract | - | |
| In contract | |||
| Oct 8, 2025 | Relisted | $199,000 | |
| Relisted | |||
| Sep 28, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017