$249,900 Last Listed Price
●
House -
Off Market
11851 Ryewater Drive
Houston, TX 77089
3 Beds
2 Baths
1,264 Ft²
$1,698
Est. Monthly
$17
HOA / Fees
About This Property
This charming 1-story traditional all-brick home at 11851 Ryewater
Drive in Houston, TX, offers a cozy haven with 3 bedrooms and 2
full bathrooms. The interior boasts modern updates, including
laminate flooring, designer paint, new baseboards, doors, and light
switches. The master bathroom and secondary bathroom have undergone
full remodels, showcasing a walk-in closet in the master suite and
a luxurious shower in the secondary bathroom. The kitchen features
upgraded cabinets with soft-closing drawers and doors, along with
new appliances. The home is complete with a 2-car attached garage
and updated back patio double doors. Situated conveniently near
Interstate 45 South and Sam Houston Parkway with Hobby Airport
within easy reach, this gem also features a recently landscaped
yard with fresh grass, completing this inviting retreat.
Unit Size
1,264 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$198
Property Type
House
Property Taxes
$454
HOA Dues
$17
Year Built
1973
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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 #44893180)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 17, 2024 | Sold | ||
| Sold | |||
| Mar 26, 2024 | In contract | - | |
| In contract | |||
| Feb 27, 2024 | Listed by RE/MAX Fine Properties | $249,900 | |
| Listed by RE/MAX Fine Properties | |||
| | |||
|
This charming 1-story traditional all-brick home at 11851 Ryewater Drive in Houston, TX, offers a cozy haven with 3 bedrooms and 2 full bathrooms. The interior boasts modern updates, including laminate flooring, designer paint, new baseboards, doors, and light switches. The master bathroom and secondary bathroom have undergone full remodels, showcasing a walk-in closet in the master suite and a luxurious shower in the secondary bathroom. The kitchen features upgraded cabinets with soft-closing drawers and doors, along with new appliances. The home is complete with a 2-car attached garage and updated back patio double doors. Situated conveniently near Interstate 45 South and Sam Houston Parkway with Hobby Airport within easy reach, this gem also features a recently landscaped yard with fresh grass, completing this inviting retreat.
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About Southbelt - Ellington
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Listed by: Roger Alvarez, RE/MAX Fine Properties
Last Updated: 6 months ago
Data Source: HAR , MLS# 44893180
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Last Updated: 6 months ago
Data Source: HAR , MLS# 44893180
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