7307 Sunlight Lane
About This Property
Enjoy a spacious backyard ready for weekend barbecues, gardening, or simply relaxing after a long day. The home's layout provides flexibility while offering an excellent opportunity to update and personalize over time.
Conveniently located near Highway 6, FM 529, and US-290, residents enjoy quick access to major employment centers, shopping, restaurants, parks, golf courses, and entertainment throughout northwest Houston. The combination of established neighborhoods and everyday conveniences continues to make this area a favorite among homeowners.
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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 12, 2026 | Sold | ||
| Sold | |||
| Jul 21, 2026 | In contract | - | |
| In contract | |||
| Jul 10, 2026 | Listed by LKV Realty ,LLC | $239,900 | |
| Listed by LKV Realty ,LLC | |||
| Mar 13, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 10, 2025 | Price Decreased |
$230,000
↓ $5K
(2.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017