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4122 Pedernales River Lane
About This Property
The generous primary suite offers a large walk-in closet and a relaxing en-suite bath complete with a soaking tub and separate shower. Carpet only in bedroom and beautiful wood laminate flooring in all other rooms. Step outside to your own backyard retreat-an oversized covered patio overlooks a beautifully landscaped, park-like fenced yard, perfect for entertaining or unwinding.
Ideally located with easy access to State Highway 99, and just minutes from shopping, dining, and all the amenities of The Woodlands, this home combines comfort, convenience, and charm.
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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 13, 2026 | Sold | ||
| Sold | |||
| Apr 28, 2026 | In contract | - | |
| In contract | |||
| Apr 26, 2026 | Listed by Compass RE Texas, LLC - The Woodlands | $239,900 | |
| Listed by Compass RE Texas, LLC - The Woodlands | |||
| Dec 21, 2020 | Sold | ||
| Sold | |||
| Nov 26, 2020 | Listed by BHGRE Gary Greene | $190,000 | |
| Listed by BHGRE Gary Greene | |||
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Lovingly cared for and super cute 1 story located on a quiet culdesac street. Easy care vinyl plank flooring. Open floor plan. Kitchen with granite counters, breakfast bar, and a 5 burner double oven electric range. Split floor plan offers privacy to primary bedroom with a large walk-in closet. Ensuite bathroom has separate shower and large soaking tub that you won't ever want to get out of. Gardener's backyard paradise with numerous landscape beds and beautiful Crepe Myrtles. Koi goldfish pond. Dine alfresco on the large (21x10) covered back patio. Refrigerator, Washer & Dryer INCLUDED. Ceiling fans. Energy efficient: Tech shield, double pane windows, high efficiency A/C, Pex plumbing manifold system. Short walk to community lake, trails and playground. Low tax rate. Zoned to sought after CONROE schools and walking distance to Bradley elementary. Super convenient location with quick access to Grand Pkwy, grocery stores, casual dining spots, and an under construction Regal Cinema
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017