6511 Evanmill Lane
About This Property
Enjoy outdoor living with a covered patio and no back neighbors for added privacy. Lovely curb appeal, a full sprinkler system, and a prime location near Westpark Tollway and Grand Parkway make this home a must-see. Zoned to highly sought-after Katy ISD schools and within walking distance to Seven Lakes Junior High and High School. Plus, enjoy all the fantastic amenities that Cinco Ranch has to offer!
Don't miss this opportunity - 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 1, 2025 | Sold | ||
| Sold | |||
| Aug 9, 2025 | In contract | - | |
| In contract | |||
| Jul 3, 2025 | Price Decreased |
$442,500
↓ $3K
(0.6%) | |
| Price Decreased | |||
| Jun 23, 2025 | Listed by SKW Realty | $445,000 | |
| Listed by SKW Realty | |||
| Jun 11, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017