$2,995,000 Last Listed Price
●
House -
Off Market
11942 Longleaf Lane
Houston, TX 77024
5 Beds
5 Baths,
2
Half Baths
7,234 Ft²
$3,562,375
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
Stunning property designed by architect Michael Landrum on a
cul-de-sac in coveted Sandalwood. This modern and timeless design
has an incredible floor plan - grand living room with built-ins,
billiards room (or office/library) + bar, media room, mud room.
Fabulous outdoor room features a wood burning fireplace and cypress
covered ceiling. Downstairs primary suite has its own laundry room,
office area, and private patio. The modern kitchen has been
redesigned with double islands and high end appliances. This
functional home has all of the spaces it should plus great storage
and beautiful concrete and walnut floors. Upstairs, four big
bedrooms and a TV/playroom. Pie-shaped lot allows for giant
backyard plus pool + hot tub + outdoor shower. Wide driveway area
next to the 3 car garage (all with built-in storage) is a perfect
basketball court. This is one of only 4 homes on the courtyard of
Longleaf Lane. Sandalwood features 3 lakes (1 swimming), security
patrol and playground/clubhouse.
Unit Size
7,234 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$414
Property Type
House
Property Taxes
$6,661
HOA Dues
$121
Year Built
2001
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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 #6713933)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 3, 2021 | Sold | ||
| Sold | |||
| Nov 11, 2020 | Listed by New Leaf Real Estate | $2,995,000 | |
| Listed by New Leaf Real Estate | |||
| | |||
|
Stunning property designed by architect Michael Landrum on a cul-de-sac in coveted Sandalwood. This modern and timeless design has an incredible floor plan - grand living room with built-ins, billiards room (or office/library) + bar, media room, mud room. Fabulous outdoor room features a wood burning fireplace and cypress covered ceiling. Downstairs primary suite has its own laundry room, office area, and private patio. The modern kitchen has been redesigned with double islands and high end appliances. This functional home has all of the spaces it should plus great storage and beautiful concrete and walnut floors. Upstairs, four big bedrooms and a TV/playroom. Pie-shaped lot allows for giant backyard plus pool + hot tub + outdoor shower. Wide driveway area next to the 3 car garage (all with built-in storage) is a perfect basketball court. This is one of only 4 homes on the courtyard of Longleaf Lane. Sandalwood features 3 lakes (1 swimming), security patrol and playground/clubhouse.
| |||
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 Westside
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Listed by: Virginia Andrews Jackson, New Leaf Real Estate
Last Updated: 5 months ago
Data Source: HAR , MLS# 6713933
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Last Updated: 5 months ago
Data Source: HAR , MLS# 6713933
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