$795,000 Last Listed Price
●
House -
Off Market
1105 Ridgeley Drive
Houston, TX 77055
4 Beds
2 Baths
2,151 Ft²
$5,677
Est. Monthly
About This Property
1105 Ridgeley Drive is located in the coveted neighborhood of
Hilshire Village and is an oasis in the heart of the city. The
backyard backs to Spring Branch Creek and creates the perfect
atmosphere for entertaining or relaxing in a natural setting. This
neighborhood boasts beautiful, tree-lined, walkable streets with a
great sense of community. This ranch home has been lovingly
maintained, with original hardwood floors throughout the home that
are in excellent condition. Extra attention was paid to the
foundation when constructed and remains sound. Remodel this unique
property, or build new on this incredible lot. Please do not walk
the property unaccompanied. The home is occupied. This is a creek
lot that will need some kind of abatement for erosion, along the
back of the property.
Unit Size
2,151 Ft²
Days on Market
-
Land Size
0.66 acres
Price per sqft
$370
Property Type
House
Property Taxes
$1,773
HOA Dues
-
Year Built
1960
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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 #26127725)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 2, 2025 | Listed | $1,149,900 | |
| Listed | |||
| | |||
|
This spectacular property offers the perfect opportunity to build your dream home in Hilshire Village on a one-of-a-kind lot in Spring Branch ... that actually overlooks and backs up to Spring Branch the bayou! Spanning over 3/4 of an acre with more than 13,000sf of buildable land, this unique lot begins with 80' of width along the road before gradually widening to the rear as it reveals an expansive view of the bayou and foliage! The seller has developed floor plans to utilize the functionality of the buildable area while simultaneously maximizing the privacy and views available on such a rare lot! Due diligence for the feasibility of new construction has already been performed and will be included with the sale including survey, topographical survey, soils report, and an engineering assessment!
| |||
| Mar 18, 2025 | No longer available | - | |
| No longer available | |||
| Mar 17, 2025 | Listed | $1,199,900 | |
| Listed | |||
| | |||
|
This spectacular property offers the perfect opportunity to build your dream home in Hilshire Village on a one-of-a-kind lot in Spring Branch ... that actually overlooks and backs up to Spring Branch the bayou! Spanning over 3/4 of an acre with more than 13,000sf of buildable land, this unique lot begins with 80' of width along the road before gradually widening to the rear as it reveals an expansive view of the bayou and foliage! Houston luxury home builder, Aspire Fine Homes, has developed multiple floor plans to utilize the functionality of the buildable area while simultaneously maximizing the privacy and views available on such a rare lot!
| |||
| Feb 16, 2025 | Listed by Connected Realty | $1,399,900 | |
| Listed by Connected Realty | |||
| | |||
|
This spectacular property offers the perfect opportunity to build your dream home in Hilshire Village on a one-of-a-kind lot in Spring Branch ... that actually overlooks and backs up to Spring Branch the bayou! Spanning over 3/4 of an acre with more than 13,000sf of buildable land, this unique lot begins with 80' of road frontage and gradually widens to the rear as it reveals an expansive view of the bayou and foliage! Work is currently underway to shore up and protect the back of the lot with retaining walls (plans available upon request) to ensure that future home construction will be able to enjoy the incredible views for decades to come! Houston luxury home builder, Aspire Fine Homes, has developed multiple floor plans to utilize the functionality of the buildable area while simultaneously maximizing the privacy and views available on such a rare lot!
| |||
| Apr 30, 2024 | Sold | ||
| Sold | |||
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Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Northwest Houston
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Listed by: Heidi Wehring, Compass RE Texas, LLC - Memorial
Last Updated: 5 months ago
Data Source: HAR , MLS# 26127725
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Last Updated: 5 months ago
Data Source: HAR , MLS# 26127725
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