$579,000 Last Listed Price
●
House -
Off Market
1168 Nelson Falls Lane
Houston, TX 77008
3 Beds
2 Baths,
2
Half Baths
2,518 Ft²
$3,947
Est. Monthly
$173
HOA / Fees
About This Property
Nestled in a charming, gated neighborhood in Shady Acres, this home
boasts 3 bedrooms, 2 full bath, 2 half-baths and a rooftop terrace.
The gated front yard includes new pet-friendly turf as well as a
welcoming porch to enjoy. Ideal open concept on the first floor
with living space, dining and kitchen that feature high ceilings,
ample windows along with a built-in beverage and wine bar.
Retreat to the second floor for the two secondary bedrooms
with jack and jill bathroom, and the spacious primary bedroom,
bathroom and walk in closet. The primary bathroom offers dual
sinks, soaking tub and separate oversized shower. Endless
possibilities for the third floor that features a spacious game
room with wet bar, half bathroom and French doors leading to the
rooftop terrace. The neighborhood includes dog park, visitor
parking and is walkable to many of your favorite eateries and
watering holes!
Unit Size
2,518 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$230
Property Type
House
Property Taxes
$931
HOA Dues
$173
Year Built
2013
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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 #54687573)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 18, 2024 | Sold | ||
| Sold | |||
| Nov 24, 2024 | In contract | - | |
| In contract | |||
| Oct 1, 2024 | Listed by Keller Williams Realty Metropolitan | $579,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
| | |||
|
Nestled in a charming, gated neighborhood in Shady Acres, this home boasts 3 bedrooms, 2 full bath, 2 half-baths and a rooftop terrace. The gated front yard includes new pet-friendly turf as well as a welcoming porch to enjoy. Ideal open concept on the first floor with living space, dining and kitchen that feature high ceilings, ample windows along with a built-in beverage and wine bar. Retreat to the second floor for the two secondary bedrooms with jack and jill bathroom, and the spacious primary bedroom, bathroom and walk in closet. The primary bathroom offers dual sinks, soaking tub and separate oversized shower. Endless possibilities for the third floor that features a spacious game room with wet bar, half bathroom and French doors leading to the rooftop terrace. The neighborhood includes dog park, visitor parking and is walkable to many of your favorite eateries and watering holes!
| |||
| Apr 12, 2019 | Sold | ||
| Sold | |||
| Feb 22, 2019 | Listed by Natalie Glass Properties | $474,500 | |
| Listed by Natalie Glass Properties | |||
| | |||
|
Built by a luxury builder, this home offers superior finishes & roof top terrace in a premier location. Gated community great for residents. The first level features a beautiful living room, dining room and kitchen with built-in beverage & wine bar and side patio for grilling-perfect for entertaining. 2nd level has 3 lovely guest suites including an enormous master retreat. 3rd Floor offers an amazing bar with refrigerator and huge game room that can be used for hobbies, exercise equipment or whatever you desire. The beautiful roof top terrace is fun for entertaining or just hanging out. You will appreciate the location of this home which provides walkable access to nearby restaurants and entertainment options. Dark walnut wood flooring, stainless steel appliances, and new carpet. Wow!
Walking distance to the Bingo Lodge,Cedar Creek,TC Jester Bayou bike & run trail. A bike ride away to neighborhood hot spots: Cedar Creek, The New H.E.B, Bungalo in The Heights and Crisp.
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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: Ashley Eoff, Keller Williams Realty Metropolitan
Last Updated: 5 months ago
Data Source: HAR , MLS# 54687573
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Last Updated: 5 months ago
Data Source: HAR , MLS# 54687573
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