$2,700,000 Last Listed Price
●
Land -
Off Market
10 E Rivercrest Drive
Houston, TX 77042
Studio
0 Bath
$2,737,002
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
Nestled between Briar Forest and Westheimer this EXQISITE WOODED
PROPERTY in the heart of Rivercrest in Houston Tx, on approximately
3.98 acres is ready for you to BUILD YOUR INTOWN ESTATE HOME!
PRESTIGIOUS AND EXCLUSIVE NEIGHBORHOOD is located close to
everything Houston has to offer. Easy access to Bltw 8, I-10 and
minutes away from the Galleria, close to restaurants,
entertainment, notable private and public schools, The Westchase
Business District, financial centers, Memorial City's and City of
Katy's major health care systems and only 7 miles from the Houston
Polo Club. BEAUTIFUL and ELEGANT MATURE OAK AND MAGNOLIA TREES will
delight! HORSES ALLOWED!
PUBLIC WATER AND SEWER AVAILABLE AND ALSO OWNER HAS INSTALLED A WELL AND FULL PROPERTY SPRINKLER SYSTEM.
BRING YOUR ARCHITECT, the possibilities are endless with this lovely estate-sized lot. DON'T MISS OUT ON THIS RARE OPPORTUNITY to BUILD in Rivercrest and customize it to your liking! This lot can NOT be subdivided.
PUBLIC WATER AND SEWER AVAILABLE AND ALSO OWNER HAS INSTALLED A WELL AND FULL PROPERTY SPRINKLER SYSTEM.
BRING YOUR ARCHITECT, the possibilities are endless with this lovely estate-sized lot. DON'T MISS OUT ON THIS RARE OPPORTUNITY to BUILD in Rivercrest and customize it to your liking! This lot can NOT be subdivided.
Unit Size
-
Days on Market
-
Land Size
3.98 acres
Price per sqft
-
Property Type
Land
Property Taxes
$4,173
HOA Dues
$188
Year Built
1957
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (HAR #80445277)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 15, 2025 | Sold | ||
| Sold | |||
| Jan 8, 2025 | In contract | - | |
| In contract | |||
| Mar 1, 2024 | Listed by Nextgen Real Estate Properties | $3,000,000 | |
| Listed by Nextgen Real Estate Properties | |||
| | |||
|
Welcome to 10 E. Rivercrest. This captivating wooded property offers a rare chance to build your dream estate in one of the city's most prestigious neighborhoods. Surrounded by mature oak and magnolia trees, this 3.98-acre lot provides the perfect canvas for your imagination. Enjoy the best of both worlds - the peace and privacy of acreage living, just minutes away from the bustling city life. Located between Beltway 8 and I-10, this property offers easy access to the Galleria, top-rated dining, and entertainment options. Bring your architect and explore the endless possibilities that await you at 10 E. Rivercrest. With public water and sewer available, as well as the option for horses, this property offers the perfect blend of rural charm and urban convenience. Don't miss this chance to create your own private oasis in the heart of Houston.
| |||
| Apr 18, 2022 | Sold | ||
| Sold | |||
| Sep 16, 2021 | Listed by HomeSmart | $2,700,000 | |
| Listed by HomeSmart | |||
| | |||
|
Nestled between Briar Forest and Westheimer this EXQISITE WOODED PROPERTY in the heart of Rivercrest in Houston Tx, on approximately 3.98 acres is ready for you to BUILD YOUR INTOWN ESTATE HOME! PRESTIGIOUS AND EXCLUSIVE NEIGHBORHOOD is located close to everything Houston has to offer. Easy access to Bltw 8, I-10 and minutes away from the Galleria, close to restaurants, entertainment, notable private and public schools, The Westchase Business District, financial centers, Memorial City’s and City of Katy's major health care systems and only 7 miles from the Houston Polo Club. BEAUTIFUL and ELEGANT MATURE OAK AND MAGNOLIA TREES will delight! HORSES ALLOWED!
PUBLIC WATER AND SEWER AVAILABLE AND ALSO OWNER HAS INSTALLED A WELL AND FULL PROPERTY SPRINKLER SYSTEM.
BRING YOUR ARCHITECT, the possibilities are endless with this lovely estate-sized lot. DON'T MISS OUT ON THIS RARE OPPORTUNITY to BUILD in Rivercrest and customize it to your liking! This lot can NOT be subdivided.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Maria Galiotos, HomeSmart
Last Updated: 5 months ago
Data Source: HAR , MLS# 80445277
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Last Updated: 5 months ago
Data Source: HAR , MLS# 80445277
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