$210,000 Last Listed Price
●
Land -
Off Market
1203 Trace Drive
Houston, TX 77077
Studio
0 Bath
$275,906
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model
About This Property
Build your dream home ON THE LAKE IN THE HEART OF THE ENERGY
CORRIDOR in exclusive Shepherd Trace. This beautiful quiet,
wooded cul-de-sac lot offers amazing lake views and is perfect for
your "city" home convenient to restaurants, shopping, schools,
entertainment and within walking distance to Terry Hershey Park.
Live where you work or enjoy an easy commute to many of
Houston's business centers. Large cleared lot with lush mature
trees offers a peaceful setting and ultimate privacy. Don't
miss this opportunity – come take a look today!
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
Land
Property Taxes
$474
HOA Dues
$67
Year Built
-
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Cap Rate Calculator
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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 #12529498)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 29, 2020 | Sold | ||
| Sold | |||
| Nov 9, 2019 | No longer available | - | |
| No longer available | |||
| Oct 22, 2019 | Listed by Keller Williams Premier Realty | $210,000 | |
| Listed by Keller Williams Premier Realty | |||
| | |||
|
Build your dream home ON THE LAKE IN THE HEART OF THE ENERGY CORRIDOR in exclusive Shepherd Trace. This beautiful quiet, wooded cul-de-sac lot offers amazing lake views and is perfect for your “city” home convenient to restaurants, shopping, schools, entertainment and within walking distance to Terry Hershey Park. Live where you work or enjoy an easy commute to many of Houston’s business centers. Large cleared lot with lush mature trees offers a peaceful setting and ultimate privacy. Don’t miss this opportunity – come take a look today!
| |||
| Sep 20, 2019 | Price Decreased |
$210,000
↓ $10K
(4.6%) | |
| Price Decreased | |||
| Apr 24, 2019 | Listed by Keller Williams - Houston Premier | $220,000 | |
| Listed by Keller Williams - Houston Premier | |||
| | |||
|
Build your dream home ON THE LAKE IN THE HEART OF THE ENERGY CORRIDOR in exclusive Shephard Trace. This beautiful quiet, wooded cul-de-sac lot offers amazing lake views and is perfect for your city home convenient to restaurants, shopping, schools, entertainment and within walking distance to Terry Hershey Park. Live where you work or enjoy an easy commute to many of Houstons business centers. Large cleared lot with lush mature trees offers a peaceful setting and ultimate privacy. Dont miss this opportunity come take a look today!
| |||
Property Highlights
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Westside
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Listed by: Laura Hughes, Keller Williams Premier Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 12529498
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Last Updated: 5 months ago
Data Source: HAR , MLS# 12529498
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