$469,000 Last Listed Price
●
House -
Off Market
10513 Willowisp Drive
Houston, TX 77035
3 Beds
3 Baths
2,503 Ft²
$621,658
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model
About This Property
Tranquil ranch-style home located right outside 610 on a large
corner lot in the highly desired Willow Bend subdivision. This home
offers 3 bed x 3 baths plus a versatile detached apartment with its
own entrance, kitchen, full bath, and walk-in closet; would make a
great office, mother-in-law suite, pool house, or rental property.
The backyard oasis is complete with a spa & heated pool. In the
main home, you will notice original 1950's wood flooring that has
been beautifully restored, tile in all bathrooms and the kitchen,
two living room spaces, a large dining room, breakfast nook, two
large bedrooms, and a master with bathroom en suite. Even with the
laid-back feel, this home has all the smart-home upgrades you want:
EV charging station, smart doorbell, thermostat, and keyless locks,
Wi-Fi sprinkler control, and co2 detector. Home has never flooded
and is not located in a flood zone (per seller). The perfect
sanctuary to wind down from busy city life.
Unit Size
2,503 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$187
Property Type
House
Property Taxes
$815
HOA Dues
-
Year Built
1955
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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 #8253853)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 25, 2020 | Sold | ||
| Sold | |||
| Oct 3, 2020 | Listed by Maven Real Estate Group | $469,000 | |
| Listed by Maven Real Estate Group | |||
| | |||
|
Tranquil ranch-style home located right outside 610 on a large corner lot in the highly desired Willow Bend subdivision. This home offers 3 bed x 3 baths plus a versatile detached apartment with its own entrance, kitchen, full bath, and walk-in closet; would make a great office, mother-in-law suite, pool house, or rental property. The backyard oasis is complete with a spa & heated pool. In the main home, you will notice original 1950’s wood flooring that has been beautifully restored, tile in all bathrooms and the kitchen, two living room spaces, a large dining room, breakfast nook, two large bedrooms, and a master with bathroom en suite. Even with the laid-back feel, this home has all the smart-home upgrades you want: EV charging station, smart doorbell, thermostat, and keyless locks, Wi-Fi sprinkler control, and co2 detector. Home has never flooded and is not located in a flood zone (per seller). The perfect sanctuary to wind down from busy city life.
| |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Elizabeth Beiter, Maven Real Estate Group
Last Updated: 5 months ago
Data Source: HAR , MLS# 8253853
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Last Updated: 5 months ago
Data Source: HAR , MLS# 8253853
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