3927 Ringford Ridge Lane
About This Property
The home's heart is the kitchen and breakfast area, which is open to the family room. You will find ample cabinet space, a walk-in pantry, and a butler's pantry. The versatile game room can be adapted to suit your needs, whether it be a children's playroom or an exciting space to watch the big game.
Step outside to a covered patio overlooking a meticulously landscaped backyard - an ideal setting for relaxation. Nearby Pine Mill Ranch trails beckon for daily walks amidst nature's beauty. Car enthusiasts will appreciate the spacious three-car garage. The roof and gutters have been recently replaced in 2023, ensuring peace of mind.
Students attend Katy ISD Schools with the elementary school within walking distance.
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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 |
|---|---|---|---|
| Jul 13, 2023 | Sold | ||
| Sold | |||
| Jun 23, 2023 | Listed by Paragon Property Group | $520,000 | |
| Listed by Paragon Property Group | |||
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Welcome home to Pine Mill Ranch, Katy, Texas. This bright, beautiful single-story (with no back neighbors) offers 3,000+ sq ft, with four spacious bedrooms, including a guest suite. Enter through elegant double doors to an exquisite entry that leads to the family room.
The home's heart is the kitchen and breakfast area, which is open to the family room. You will find ample cabinet space, a walk-in pantry, and a butler’s pantry. The versatile game room can be adapted to suit your needs, whether it be a children's playroom or an exciting space to watch the big game.
Step outside to a covered patio overlooking a meticulously landscaped backyard - an ideal setting for relaxation. Nearby Pine Mill Ranch trails beckon for daily walks amidst nature's beauty. Car enthusiasts will appreciate the spacious three-car garage. The roof and gutters have been recently replaced in 2023, ensuring peace of mind.
Students attend Katy ISD Schools with the elementary school within walking distance.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017