$380,000 Last Listed Price
●
House -
Off Market
11309 Freestone Avenue
Pearland, TX 77584
3 Beds
2 Baths
2,552 Ft²
$2,591
Est. Monthly
$31
HOA / Fees
About This Property
Beautifully maintained single-story, full-brick home in the
Southgate subdivision of Pearland. This well-appointed residence
features 3 bedrooms, plus a dedicated study which can serve as a
4th bedroom. Spacious primary suite, big secondary bedrooms, & a
formal dining room. Open-concept living area is perfect for daily
living & entertaining, blending the family room, breakfast nook, &
kitchen. Large lot provides plenty of room for outdoor activities,
& includes an extended patio for relaxation or gatherings. Long
driveway & a two-car garage w/ a 2-car covered carport, offer
protected parking. Other features include a metal gazebo (w/
electrical connections), a generator outlet, front sprinklers. AC
unit (5yo), water heater (4yo), roof (roughly 8yo), & fence (2yo).
LOW TAX-RATE community in a prime location, only 1-mile from the
Pearland Town Center, w/ NUMEROUS shopping & dining options!
Walking distance to Shadow Creek High. Easy access to Hwy 288,
BW-8, & 610, Downtown & Med Center.
Unit Size
2,552 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$149
Property Type
House
Property Taxes
$693
HOA Dues
$31
Year Built
2005
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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 #20703330)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 17, 2025 | Sold | ||
| Sold | |||
| Dec 19, 2024 | In contract | - | |
| In contract | |||
| Dec 6, 2024 | Listed by Realm Real Estate Professionals - Katy | $380,000 | |
| Listed by Realm Real Estate Professionals - Katy | |||
| | |||
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Beautifully maintained single-story, full-brick home in the Southgate subdivision of Pearland. This well-appointed residence features 3 bedrooms, plus a dedicated study which can serve as a 4th bedroom. Spacious primary suite, big secondary bedrooms, & a formal dining room. Open-concept living area is perfect for daily living & entertaining, blending the family room, breakfast nook, & kitchen. Large lot provides plenty of room for outdoor activities, & includes an extended patio for relaxation or gatherings. Long driveway & a two-car garage w/ a 2-car covered carport, offer protected parking. Other features include a metal gazebo (w/ electrical connections), a generator outlet, front sprinklers. AC unit (5yo), water heater (4yo), roof (roughly 8yo), & fence (2yo). LOW TAX-RATE community in a prime location, only 1-mile from the Pearland Town Center, w/ NUMEROUS shopping & dining options! Walking distance to Shadow Creek High. Easy access to Hwy 288, BW-8, & 610, Downtown & Med Center.
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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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About Pearland
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Listed by: Rondrick Jenkins, Realm Real Estate Professionals - Katy
Last Updated: 5 months ago
Data Source: HAR , MLS# 20703330
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Last Updated: 5 months ago
Data Source: HAR , MLS# 20703330
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