3807 Windmill Creek Drive
About This Property
The stylish kitchen offers a large waterfall island, 42-inch cabinetry, and an open layout that flows into the living area. Enjoy plenty of outdoor space under the expansive covered patio with soaring ceilings-perfect for entertaining year-round. Conveniently located near Grand Parkway and U.S. Route 90, with great neighborhood amenities and immediate availability. Upstairs AC unit is being replaced in August 2026. Come make this beautiful home yours!
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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 |
|---|---|---|---|
| Aug 13, 2026 | Relisted | $465,000 | |
| Relisted | |||
| Aug 2, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jul 17, 2026 | Price Decreased |
$475,000
↓ $5K
(1%) | |
| Price Decreased | |||
| Jun 22, 2026 | Price Decreased |
$480,000
↓ $5K
(1%) | |
| Price Decreased | |||
| May 21, 2026 | Price Decreased |
$485,000
↓ $2K
(0.4%) | |
| Price Decreased | |||
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About Fort Bend
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017