37
Map
$530,000 Last Listed Price
●
House -
Off Market
1008 Shepherd Oaks Drive
Houston, TX 77018
3 Beds
2 Baths,
1
Half Bath
2,580 Ft²
$3,522
Est. Monthly
$122
HOA / Fees
4.49%
Cap Rate
About This Property
Located in the highly sought-after Oak Forest community, this
exceptional home offers a perfect blend of privacy, convenience,
and modern living. Nestled in a gated community with green spaces,
charming gazebo, and dedicated guest parking, this home provides
both security and a welcoming atmosphere. Inside, enjoy ample
spaces, including a private office and flex room, ideal for work or
leisure. The primary suite features a balcony with no backyard
neighbor, offering a serene retreat for morning coffee or evening
relaxation. Just moments away from trendy restaurants, cozy coffee
shops, and local breweries, this home ensures effortless access to
vibrant neighborhood amenities. Easy commute to Downtown, the
Galleria, and easy access to 610, 45, and 290.
Unit Size
2,580 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$205
Property Type
House
Property Taxes
$797
HOA Dues
$122
Year Built
2016
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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 #69452674)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 30, 2025 | Sold | ||
| Sold | |||
| May 20, 2025 | In contract | - | |
| In contract | |||
| Apr 24, 2025 | Listed by Pop Realty | $530,000 | |
| Listed by Pop Realty | |||
| Mar 18, 2021 | Sold | ||
| Sold | |||
| Feb 11, 2021 | Listed by Kelly Simon Properties | $480,000 | |
| Listed by Kelly Simon Properties | |||
| | |||
|
Incredible home with first floor living in an excellent location in the very desirable Garden Oaks/Oak Forest neighborhood. This home is also zoned to Garden Oaks Elementary! This one of a kind gated community has several green spaces for kids and pets, a community gazebo area for gatherings, ample guest parking, and wide streets throughout - this is truly a hidden gem in the city. Walk to restaurants, breweries, coffee shops, and even a winery just around the corner. Also walking distance to the new Stomping Grounds development offering retail and restaurants. On top of the walkable entertainment, enjoy nearby Heights, easy access to Downtown attractions & the Galleria! This exceptional home has three large bedrooms, a dedicated office space AND an extra large game room/flex room. Additionally, in this home you will find a beautiful fireplace, a newly done outdoor space with top of the line turf & pavers, a balcony off the master, and countless custom finishes throughout.
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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Baths
ft²
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About North Houston
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Listed by: Kayla Sorrell, Pop Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 69452674
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Last Updated: 4 months ago
Data Source: HAR , MLS# 69452674
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