5323 Rivers Edge Drive
About This Property
The open-concept layout features an inviting entry, a private owner's retreat, and three spacious secondary bedrooms. With multiple versatile living areas, you have plenty of room for a home office, media room, or playroom. Outside, a generous backyard offers endless potential for entertaining.
Located in the desirable Rivers Edge subdivision, residents enjoy premier community amenities including neighborhood parks, walking trails, scenic lakes, and a splash pad. Enjoy quick access to shopping and dining at Brazos Town Center and easy commuting via the US-59 corridor. Best of all, this move-in ready home is zoned to Lamar CISD schools. Schedule your tour today!
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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 |
|---|---|---|---|
| Sep 3, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 8, 2026 | Price Decreased |
$396,900
↓ $3K
(0.8%) | |
| Price Decreased | |||
| Jun 2, 2026 | Listed by Keller Williams Memorial | $399,900 | |
| Listed by Keller Williams Memorial | |||
| Jun 27, 2023 | Sold | ||
| Sold | |||
| Apr 28, 2023 | Listed by Redfin Corporation | $370,000 | |
| Listed by Redfin Corporation | |||
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Welcome home! This corner lot former model home boasts all the features you could ask for and more. With no neighbors behind or to the right of the home, you'll have plenty of privacy to enjoy the beautiful backyard with a covered patio overlooking the woods. The downstairs offers a spacious family room with a 2-story ceiling, a large kitchen, a study/office and a primary bedroom with a ensuite bathroom and walk-in closet. Upstairs, you'll find a game room, 3 bedrooms, and 2 bathrooms (one of which is an ensuite bathroom), providing ample space for your family and guests. The home has been updated with engineered hardwood floors and a water softener, and the 2.5 car garage also includes extra storage space. Zoned to highly rated Lamar Consolidated ISD schools and conveniently located near I-69 and TX Hwy 90. Residents of Riverwood Village have access to walking trails, beautiful greenbelt areas and so much more! Don't miss your chance to make this amazing home yours.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017