23
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5510 Pine Wood Meadows Lane
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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 |
|---|---|---|---|
| Apr 14, 2026 | Listed by Home Pros Real Estate Group | $2,297,000 | |
| Listed by Home Pros Real Estate Group | |||
| Jul 31, 2025 | Sold | ||
| Sold | |||
| Jul 8, 2025 | In contract | - | |
| In contract | |||
| Jun 30, 2025 | Price Decreased |
$424,700
↓ $4K
(1%) | |
| Price Decreased | |||
| Jun 14, 2025 | Listed by Compass RE Texas, LLC - Houston | $429,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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Build your dream home on this stunning wooded lot, where possibilities abound—whether you envision a timeless traditional design or a sleek modern retreat. Located in the prestigious Bender’s Landing Estates, this property offers more than just beautiful surroundings. Enjoy top-rated schools and community amenities including miles of walking trails, stocked lakes for canoeing, kayaking, or paddleboarding, and a clubhouse with a resort-style pool, splash pad, and fitness center. Sports lovers will enjoy the pickleball, tennis, and basketball courts, while families will appreciate picnic areas and playgrounds.
Best of all, the community blends peace with convenience—just minutes from HEB, Kroger, restaurants, Regal Cinema, and the Grand Parkway, offering quick access to The Woodlands, City Place, IAH Airport, Downtown Houston, and the Energy Corridor. With a low 1.5795% tax rate, this is your chance to create lasting memories in a serene yet connected location.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017