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7204 Avenue E
About This Property
This cozy 2-bedroom, 1-bathroom home in Southeast Houston is a fantastic opportunity for investors or DIY enthusiasts. While it needs some repairs, it's in decent condition with solid potential for rental income or future resale.
Located in a growing area with strong rental demand, this home offers easy access to major highways, schools, shopping, and dining. With a little TLC, this could be the perfect cash-flowing rental or a great starter home at an unbeatable price.
Don't miss out-schedule a showing today and unlock the potential of this affordable investment property!
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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 30, 2025 | Sold | ||
| Sold | |||
| Sep 12, 2025 | In contract | - | |
| In contract | |||
| Aug 15, 2025 | Listed by ThisIsLivin Properties, LLC | $234,900 | |
| Listed by ThisIsLivin Properties, LLC | |||
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Come and see this Fully Renovated 3-Bedroom, 2-Bathroom Home. Freshly painted inside and out with brand-new LVP flooring throughout. The kitchen has been completely remodeled with new cabinets, stone countertops, a spacious island, and stainless appliances—perfect for cooking, entertaining, and gathering. The primary suite offers a large walk-in closet and a beautifully updated bathroom with a walk-in shower and dual vanities. The secondary bath features a new tub with tile surround and a double-sink vanity. New roof, updated PEX plumbing, updated electrical, and new water heater. House also includes a utility room with w&d connection. The backyard has a large shed with potential to become a workshop, studio, or ADU. This move-in ready home is the perfect place to start your next chapter, schedule your showing today.
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| May 9, 2025 | Sold | ||
| Sold | |||
| Mar 30, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017