$305,000 Last Listed Price
●
House -
Off Market
10007 Morocco Road
Houston, TX 77041
3 Beds
2 Baths
2,407 Ft²
$346,236
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model
About This Property
This property is being sold for lot value only. There are a total
of 4 lots combined for over .64 acre. Mature oaks tress on
property. Great investment opportunity to build single family homes
or townhomes like the lot nearby. Lots of new construction in the
area. No access to the house. Located on a corner lot with
two frontage access.
Unit Size
2,407 Ft²
Days on Market
-
Land Size
0.65 acres
Price per sqft
$127
Property Type
House
Property Taxes
$458
HOA Dues
-
Year Built
1970
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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: 4 months ago (HAR #67351915)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 4, 2023 | Sold | ||
| Sold | |||
| Aug 3, 2023 | Listed by RE/MAX Signature | $319,000 | |
| Listed by RE/MAX Signature | |||
| | |||
|
Contemporary 3 bedroom 2 bath home. Come experience this modern house with open floor plan. A clean, stylish living area greats you as you enter property. Natural light engulfs the entire structure due to the abundance of windows & the double French doors that lead to the backyard. White cabinetry provide plenty of storage & an island equipped with an ample sink is the centerpiece of the kitchen. The main bedroom suite is located on the second story with an attached balcony. The master bath has a spa like feel, with a stand alone tub & a walk in shower. A second bedroom is also part of the second level complete with its own balcony the overlooks the spacious backyard. Rush over & schedule your viewing before this home charms another eager perspective buyer.
| |||
| Aug 29, 2022 | Sold | ||
| Sold | |||
| Jun 3, 2022 | Listed by Kiani Realty, LLC | $75,000 | |
| Listed by Kiani Realty, LLC | |||
| | |||
|
*EIGHT separate lots*
10007, 10011, 10013, 10015, and 10017 ARE SOLD.*
*ONLY 10009 Morocco Rd (Lot 4), 5619 Teague Rd (Lot 1), 5617 Teague Rd (Lot 2) ARE AVAILABLE.*
LOTS 1 & 2 are 3750 Square feet and 50'X75' Square feet in. $75K for each.
LOTS 3-8 are 3500 Square feet and 25'x140' Square feet in. $65K for each.
The survey is attached.
Great location! Builder Package! The cleared and perfect lot and ready for development with no restrictions. The property is not in the flood area. Very close to Gessner and east access to major highways (interstate-290, HWY 6, interstate- I10, and Beltway8.
| |||
| Sep 3, 2021 | Sold | ||
| Sold | |||
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Listed by: Kristina Newcomb, Keller Williams Professionals
Last Updated: 4 months ago
Data Source: HAR , MLS# 67351915
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Last Updated: 4 months ago
Data Source: HAR , MLS# 67351915
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