3615 Fairvalley Drive
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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 |
|---|---|---|---|
| Dec 16, 2025 | No longer available | - | |
| No longer available | |||
| Nov 10, 2025 | Listed by David Ivy Group, LLC. | $360,000 | |
| Listed by David Ivy Group, LLC. | |||
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Step into possibility 3615 Fairvalley Dr. sits on an oversized 11,070 square-foot lot in acquired established pocket of North Houston. The layout flows naturally with multiple living zones and plenty of room to design your style. Natural light, generous room sizes and a backyard with real potential, it has an incredible garden outdoor hangout space to compliment that incredible space comes with this beautiful pool for those hot summer days.
This isn’t a project house. It’s a blank canvas with solid bones in a neighborhood with long-term stability. A place you can make yours without paying for someone else’s taste or shortcuts.
Close to parks and retail on main routes, but tucked away enough to feel private. Have you been searching for a value space but also freedom to create and love entertaining guest Fairvalley is the one!
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| Jul 5, 2023 | Sold | ||
| Sold | |||
| Feb 2, 2023 | Listed by BHGRE Gary Greene | $367,000 | |
| Listed by BHGRE Gary Greene | |||
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An entertainer's dream! Be the host with the most in this beautiful 1-story, corner lot, on a cul-de-sac street in desirable Oak Creek Village. Perfect for gathering with loved ones & friends, this 4 BR 2.5 Bath home features a backyard haven including a courtyard, pond, & sparkling pool. A step inside the open-concept floor plan reveals tasteful custom touches: stately foyer with marble floors, inviting open living space with vaulted ceilings & crown molding, french doors, plantation shutters, wood-laminate flooring, granite counters. Take advantage of neighborhood amenities, clubs, & events at the community pool & clubhouse. Mere minutes from area parks/amenities: Meyer Park, Kickerillo Mischer Preserve, Northgate Country Club, Pearl Fincher Museum of Fine Arts, luxury dining & retail of Vintage Park. Convenient to the Woodlands, Grand Parkway 99, Interstate 45, Highway 249. Smile. You're Home.
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| Sep 20, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017