715 Road 5203
About This Property
Great opportunity at 715 Road 5203-a well-located lot offering fast access to Highway 99 (Grand Parkway), and Hwy 59/I-69. Enjoy the convenience of reaching Houston and surrounding areas with ease while still benefiting from a quiet, private setting. Ideal for building, investing.
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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 27, 2026 | Price Decreased |
$55,000
↓ $8K
(12.6%) | |
| Price Decreased | |||
| Feb 13, 2026 | Listed by The Agency Team | $62,900 | |
| Listed by The Agency Team | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017