$549,900 Last Listed Price
●
House -
Off Market
11712 Advance Drive
Houston, TX 77065
4 Beds
3 Baths
2,981 Ft²
$3,203
Est. Monthly
$8
HOA / Fees
About This Property
Gorgeous bright, open and updated home with a whole house generator
has a grand scale primary suite down with an 11x7 walk-in closet, a
second bedroom and bath down, a large clover leaf shaped sparkling
diving pool, a 29x17 air-conditioned workshop that can easily
convert to guest house, and a 29x11 screened in porch with
Plexiglass panel inserts and tile floors. New AC down June 2023.
New furnace down Feb 2023. Beautifully updated with tile floors,
granite countertops, neutral decorator paint and fixtures,
plantation shutters and 2-inch blinds throughout. Freshly painted
kitchen with "L" shaped island and stainless steel appliances. 6x4
walk-in pantry. Game room up. Spacious wooded lot is a little over
one half acre. Oversized garage. Sprinkler system. Brick fireplace.
Perfect for entertaining. A must see!
Unit Size
2,981 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$184
Property Type
House
Property Taxes
$494
HOA Dues
$8
Year Built
1967
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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: 4 months ago (HAR #88548778)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 9, 2024 | Sold | ||
| Sold | |||
| Jan 13, 2024 | In contract | - | |
| In contract | |||
| Dec 12, 2023 | Listed by Douglas Elliman Real Estate | $549,900 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
|
Gorgeous bright, open and updated home with a whole house generator has a grand scale primary suite down with an 11x7 walk-in closet, a second bedroom and bath down, a large clover leaf shaped sparkling diving pool, a 29x17 air-conditioned workshop that can easily convert to guest house, and a 29x11 screened in porch with Plexiglass panel inserts and tile floors. New AC down June 2023. New furnace down Feb 2023. Beautifully updated with tile floors, granite countertops, neutral decorator paint and fixtures, plantation shutters and 2-inch blinds throughout. Freshly painted kitchen with "L" shaped island and stainless steel appliances. 6x4 walk-in pantry. Game room up. Spacious wooded lot is a little over one half acre. Oversized garage. Sprinkler system. Brick fireplace. Perfect for entertaining. A must see!
| |||
| Sep 19, 2023 | Listed | $549,900 | |
| Listed | |||
| | |||
|
Gorgeous bright, open and updated home with a whole house generator has a grand scale primary suite down with an 11x7 walk-in closet, a second bedroom and bath down, a large clover leaf shaped sparkling diving pool, a 29x17 air-conditioned workshop that can easily convert to guest house, and a 29x11 screened in porch with Plexiglass panel inserts and tile floors. New AC down June 2023. New furnace down Feb 2023. Beautifully updated with tile floors, granite countertops, neutral decorator paint and fixtures, plantation shutters and 2-inch blinds throughout. Freshly painted kitchen with "L" shaped island and stainless steel appliances. 6x4 walk-in pantry. Game room up. Spacious wooded lot is a little over one half acre. Oversized garage. Sprinkler system. Brick fireplace. Perfect for entertaining. A must see!
| |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Listed On
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Closing Price
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HOA + Taxes
About Tower Oaks
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Listed by: Nicholas Moncada, Douglas Elliman Real Estate
Last Updated: 4 months ago
Data Source: HAR , MLS# 88548778
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Last Updated: 4 months ago
Data Source: HAR , MLS# 88548778
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