$700,000 Last Listed Price
●
House -
Off Market
1103 Stude Street
Houston, TX 77007
3 Beds
2 Baths
1,634 Ft²
$809,036
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model
About This Property
WHAT A VIEW OF DOWNTOWN! This great property is located right on
the corner of Studemont and Stude St. The two small homes are tear
downs, but think of what you could build here. Close to
neighborhood park, hike and bike trails, community center & pool,
and baseball fields. Great location near restaurants, shopping, and
downtown. This is an incredible opportunity to build in the
Heights!
Unit Size
1,634 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$428
Property Type
House
Property Taxes
$817
HOA Dues
-
Year Built
1949
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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: 6 months ago (HAR #98403620)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 11, 2025 | No longer available | - | |
| No longer available | |||
| Apr 11, 2025 | Listed by Compass RE Texas, LLC - West Houston | $799,000 | |
| Listed by Compass RE Texas, LLC - West Houston | |||
| | |||
|
This rare corner lot offers a coveted location with stunning, unobstructed views of the iconic Downtown Houston skyline. Cleared and ready for development with no HOA restrictions, this lot provides endless possibilities for savvy investors. Envision multi-story homes with rooftop decks, capturing panoramic city views that will leave a lasting impression. With easy access to major highways including I-10, I-45, I-69, 610, and 288, convenience is at your doorstep. Explore Houston’s vibrant cultural scene, with music halls, museums, shopping centers, and parks just moments away. Enjoy a short walk to the city's top-tier restaurants, wine bars, and scenic running/walking trails. This lot presents an exceptional opportunity to create a distinctive, high-demand property in one of Houston’s most sought-after areas. Don’t miss your chance to capitalize on this prime location!
| |||
| Oct 2, 2024 | No longer available | - | |
| No longer available | |||
| Aug 14, 2024 | No longer available | - | |
| No longer available | |||
| Aug 13, 2024 | Listed by Keller Williams Memorial | $749,000 | |
| Listed by Keller Williams Memorial | |||
| | |||
|
Discover the possibilities of this corner lot in an amazing location with unobstructed views of Downtown Houston! Cleared lot with no HOA. Imagine the potential of building multi-story homes with rooftop decks facing the downtown skyline or sunset views looking west. Easy access to access to I-10, I-45, I-69, 610 and 288. Within close proximity to music halls, museums, shopping centers, and parks. Walking distance to Houston's finest restaurants, wine bars, and running/walking trails. The possibilities are endless with this lot.
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
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HOA + Taxes
About Central Houston
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Listed by: Peter Royster, CB&A, Realtors
Last Updated: 6 months ago
Data Source: HAR , MLS# 98403620
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purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Last Updated: 6 months ago
Data Source: HAR , MLS# 98403620
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