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Map
5511 Gable Meadows Drive
About This Property
Welcome to this spacious and well-maintained 5-bedroom, 3-bathroom home offering nearly 3,000 square feet of comfortable living space. Designed with a highly functional floor plan, the home features a convenient downstairs bedroom-perfect for guests, multi-generational living, or a home office.
Pride of ownership shines throughout, with numerous updates including a newer roof, air conditioning system, furnace, fencing, and fresh interior paint. The generous living areas provide plenty of room for both everyday living and entertaining.
Ideally located in the sought-after Riverpark West neighborhood, you'll enjoy easy access to shopping, dining, parks, schools, and other local amenities.
Don't miss this outstanding opportunity to own a move-in-ready home with space, updates, and an excellent location. Schedule your showing today!
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Cap Rate Calculator
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 11, 2026 | Sold | ||
| Sold | |||
| Sep 6, 2026 | In contract | - | |
| In contract | |||
| Aug 19, 2026 | Listed by Compass RE Texas, LLC - Houston | $374,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| Aug 14, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 17, 2026 | Price Decreased |
$389,000
↓ $10K
(2.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017