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7439 Santa Fe Drive
About This Property
Additional upgrades include: new PEX plumbing, new electrical wiring and electrical panel box, brand-new HVAC system (February 2025), iron and wood side gate and a new storage shed. Enjoy the spacious yards-ideal for gatherings, gardening, or simply relaxing. Located just minutes from Downtown Houston and only 2 miles from Hobby Airport, this unique property offers the rare combination of privacy, space, and accessibility. Garden Villas is known for its peaceful atmosphere, free-roaming peacocks, and streets with majestic pecan trees-all with no HOA!!!
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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 29, 2025 | Sold | ||
| Sold | |||
| Sep 10, 2025 | In contract | - | |
| In contract | |||
| Aug 28, 2025 | Price Decreased |
$349,000
↓ $26K
(6.9%) | |
| Price Decreased | |||
| Aug 1, 2025 | Listed by Cattell Real Estate Group, INC | $375,000 | |
| Listed by Cattell Real Estate Group, INC | |||
| Jan 10, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017