$600,000 Last Listed Price
●
House -
Off Market
1216 Nelson Falls Lane
Houston, TX 77008
3 Beds
2 Baths,
2
Half Baths
2,529 Ft²
$3,965
Est. Monthly
$173
HOA / Fees
About This Property
Impressive tri-level home in The Heights featuring a gated front
yard, first-floor living, and expansive rooftop terrace. An
entertainers-concept layout on the first-floor boasts hardwoods
throughout, crown molding, and a spacious kitchen with granite
counters, stainless-steel appliances, as well as ample storage. The
second floor showcases the primary suite plus two additional
bedrooms with a Jack and Jill bathroom. The generous primary suite
offers a walk-in shower, soaking tub, dual vanities, and expansive
walk-in closet. The light-filled third floor features a versatile
flex space, wonderful for entertaining, with French doors flowing
onto the terrace. Superb location near Heights staple restaurants,
shops, breweries, and parks.
Unit Size
2,529 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$237
Property Type
House
Property Taxes
$846
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 #33166409)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 4, 2024 | Sold | ||
| Sold | |||
| Apr 16, 2024 | In contract | - | |
| In contract | |||
| Apr 10, 2024 | Listed by Greenwood King Properties - Kirby Office | $600,000 | |
| Listed by Greenwood King Properties - Kirby Office | |||
| | |||
|
Impressive tri-level home in The Heights featuring a gated front yard, first-floor living, and expansive rooftop terrace. An entertainers-concept layout on the first-floor boasts hardwoods throughout, crown molding, and a spacious kitchen with granite counters, stainless-steel appliances, as well as ample storage. The second floor showcases the primary suite plus two additional bedrooms with a Jack and Jill bathroom. The generous primary suite offers a walk-in shower, soaking tub, dual vanities, and expansive walk-in closet. The light-filled third floor features a versatile flex space, wonderful for entertaining, with French doors flowing onto the terrace. Superb location near Heights staple restaurants, shops, breweries, and parks.
| |||
| Dec 16, 2021 | Sold | ||
| Sold | |||
| Oct 27, 2021 | Listed by Compass RE Texas, LLC | $495,000 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
|
Beautiful freestanding single family home in gated Shady Acres community. First floor living with open concept living, dining and kitchen with beautiful wood floors, granite counters, high ceilings and crown molding. All three bedrooms are on second floor with game room and spacious outdoor deck on the third floor. Tankless water heater, added insulation, stainless appliances, gas range. HOA includes water, sewer, landscape maintenance, twice weekly trash, recycling and gate maintenance. This home is walkable to many area restaurants, breweries, coffee shops, parks and hike/bike trails.
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Central Houston
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Listed by: Jeremy Fain, Greenwood King Properties - Kirby Office
Last Updated: 5 months ago
Data Source: HAR , MLS# 33166409
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Last Updated: 5 months ago
Data Source: HAR , MLS# 33166409
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