$364,238 Last Listed Price
●
House -
Off Market
1221 Red Hills Drive
Iowa Colony, TX 77583
4 Beds
2 Baths,
1
Half Bath
2,502 Ft²
$375,341
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model
About This Property
See sample 3D VIRTUAL TOUR! Beautiful Beckenham Floor Plan with 4
Bedrooms, 2 ½ Baths, with attached 2 car Garage. This floor plan
boasts a SPACIOUS OPEN CONCEPT FLOOR PLAN with the Family Room,
Kitchen, Half Bath, Utility Room, and Owner's Retreat downstairs.
Upstairs you will find a Game room, 3 Bedrooms, 2 with walk in
closets, & another Full Bath. You will love the Kitchen with lots
of cabinets & granite countertops with under the cabinet lighting,
stainless steel appliances, & even a USB outlet. Covered Patio &
Fenced Backyard. COST AND ENERGY EFFICIENT FEATURES: 16 Seer HVAC
System, Honeywell Programmable Thermostat, Pex Hot and cold Water
Lines, Radiant Barrier, Rheem® Tankless Gas Water Heater, and Vinyl
Double Pane Low E Windows that open to the inside of the home for
easy cleaning. Amenities include Playground, Dog Park, Splash Pad
and Olympic size pool, Hiking/Biking Trails and 4 ACRE Lagoon
coming soon. Convenient to Downtown Houston, Medical Center,
Pearland, & the Beach!
Unit Size
2,502 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$146
Property Type
House
Property Taxes
$117
HOA Dues
$75
Year Built
-
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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 #8251940)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 5, 2024 | Sold | ||
| Sold | |||
| Jun 15, 2024 | In contract | - | |
| In contract | |||
| May 14, 2024 | Price Decreased |
$349,900
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Apr 24, 2024 | Price Increased |
$355,000
↑ $5K
(1.5%) | |
| Price Increased | |||
| Apr 4, 2024 | Listed by Keller Williams Premier Realty | $349,900 | |
| Listed by Keller Williams Premier Realty | |||
| | |||
|
Almost new construction in sought after master planned community of Sierra Vista! Enter into this welcoming foyer with high ceilings which lead into the bright living/dining combo. Kitchen has large island, stainless steel appliances, and gas stove which also includes updated gold cabinet handles and gold teardrop chandelier. Spacious primary bedroom downstairs with updated gold lighting and fixtures. Covered patio for those cool relaxing evenings outside. Upstairs offers 3 additional bedrooms appointed around the second living area upstairs. This community has something for everyone in your family. There are multiple playgrounds, walking trails, ponds, dog park, basketball court, tennis court and an Olympic pool with club house which has now opened and should be completed by July 2024. Don’t let this one pass you by, schedule your private showing today!
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About Brazoria
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Listed by: Matthew Guzman, RE/MAX Universal
Last Updated: 5 months ago
Data Source: HAR , MLS# 8251940
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Last Updated: 5 months ago
Data Source: HAR , MLS# 8251940
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