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9406 Caddo Road
About This Property
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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 |
|---|---|---|---|
| Jul 24, 2026 | Listed by Texas Realty | $119,000 | |
| Listed by Texas Realty | |||
| Dec 14, 2025 | No longer available | - | |
| No longer available | |||
| Nov 5, 2025 | Listed by Joseph Walter Realty, LLC | $60,000 | |
| Listed by Joseph Walter Realty, LLC | |||
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Opportunity Knocks at 9406 Caddo Rd, Houston, TX 77078!
Bring your vision to life on this spacious lot with endless potential. Whether you?re planning to build your dream home or embark on a new investment project, this property offers the perfect canvas to start fresh.
The existing structure requires a full rehab or teardown, but with its solid bones and flexible layout, it's ideal for those looking to design and construct their own space from the ground up. Situated with convenient access to major highways, shopping, this location combines both potential and practicality.
A great opportunity for builders, investors, or anyone ready to create something new in the heart of Houston!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017