7218 Orange Tree Lane
About This Property
The spacious living area flows seamlessly into a bright kitchen with ample cabinet space, a cozy breakfast nook, and views into the fenced backyard. The primary suite features a walk-in closet and a private bath with a soaking tub and separate shower. Two additional bedrooms and a full guest bath provide room for family, guests, or a home office.
BRAND NEW ROOF-2025
Outside, enjoy a generously sized backyard - ideal for kids, pets, or weekend BBQs. The home also includes a 2-car attached garage, and is located on a quiet street with easy access to Hwy 59 and FM 2977. With access to walking trails, a community park, and zoned to Lamar CISD, this home is a wonderful opportunity!
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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 |
|---|---|---|---|
| Aug 21, 2025 | Sold | ||
| Sold | |||
| Jul 21, 2025 | In contract | - | |
| In contract | |||
| Jun 27, 2025 | Price Decreased |
$227,190
↓ $10K
(4.2%) | |
| Price Decreased | |||
| Jun 17, 2025 | Listed by Terri Mund & Associates, Inc | $237,190 | |
| Listed by Terri Mund & Associates, Inc | |||
| Jan 29, 2020 | Sold | ||
| Sold | |||
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About Fort Bend
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017