$599,000 Last Listed Price
●
House -
Off Market
1008 Walton Street
Houston, TX 77009
2 Beds
2 Baths
1,584 Ft²
$607,209
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
Don't miss this beautifully remodeled home in the Brooke Smith
section of the Heights! This Bungalow style gem boasts charm and
character and a converted garage that can be used as an income
producing rental unit or a guest suite! The main unit has 2Bds both
with walk in closets! Walking in from the large covered front
porch, you will find an open living and kitchen area with light and
bright finishes, and tons of natural lighting offering a great
space for relaxing and entertaining. Down the hall you will find
the secondary bathroom, utility closet with full size connections
and the two bedrooms are separated from the entertaining areas. The
primary bedroom boasts an en-suite bath. The second unit located at
the rear of the property has been converted to a spacious 1 BD
apartment complete with 1 full BTH, kitchen area, living room and a
separate office space and a washer/dryer closet. Located just
blocks from I-45, enjoy an easy commute to downtown!
Unit Size
1,584 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$378
Property Type
House
Property Taxes
$629
HOA Dues
-
Year Built
1930
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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 #97209029)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 26, 2024 | No longer available | - | |
| No longer available | |||
| Nov 25, 2024 | Sold | ||
| Sold | |||
| Nov 9, 2024 | In contract | - | |
| In contract | |||
| Oct 21, 2024 | Listed by Compass RE Texas, LLC - The Heights | $599,900 | |
| Listed by Compass RE Texas, LLC - The Heights | |||
| | |||
|
Welcome to 1008 Walton, a unique opportunity to live and work or a great investment opportunity offering two income producing residences. The main house features an open floor plan & modern kitchen w/ quartz counters, an apron front sink & stainless appliances. The primary suite offers a walk-in closet, ensuite bath w/ quartz counters & glass enclosed shower w/ a herringbone tiled shower. The secondary bedroom has amazing natural light & walk-in closet. The 2nd full bath features a shower/tub combo w/ chic sliding glass door & trendy tile. The separate 1 bedroom/1bath detached apartment with full kitchen could function as a second residence or as an office complete with reception area. Situated on a 5,000 sf fully fenced lot w/ great yard space, carport and long driveway with gate. Located just 2 blocks from Montie Beach Park w/ an easy commute to downtown, this is an incredible opportunity not to be missed!
| |||
| Oct 19, 2024 | Price Decreased |
$599,900
↓ $25K
(4%) | |
| Price Decreased | |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Central Houston
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Listed by: Rachel Allen, eXp Realty, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 97209029
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Last Updated: 5 months ago
Data Source: HAR , MLS# 97209029
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