27
Map
7835 Bobbitt Lane
About This Property
Upstairs, you will find one of two secondary bedrooms with an ensuite bath, laundry room and primary. The spacious primary suite includes a generously sized sitting room currently functioning as an office. Spa-inspired primary bath w/ dual sinks, soaking tub, walk-in shower, & oversized walk-in closet. The third floor features a flexible game room, full bath, & third bedroom. This level includes 2 relaxing terrace balconies. BONUS- elevator installed! Zoned to SBISD schools & minutes from CityCentre, Galleria, & Memorial Park.
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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 |
|---|---|---|---|
| Jan 23, 2026 | Sold | ||
| Sold | |||
| Jan 2, 2026 | In contract | - | |
| In contract | |||
| Dec 23, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Dec 2, 2025 | Listed by Compass RE Texas, LLC - Houston | $799,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017