$425,000 Last Listed Price
●
House -
Off Market
1227 W Forest Drive
Houston, TX 77043
4 Beds
2 Baths,
1
Half Bath
2,834 Ft²
$450,877
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model
About This Property
NEVER FLOODED. Grand entrance with vaulted ceilings. Living room is
the perfect place to entertain large group and friend gatherings.
Cozy fireplace for those cold winter nights. Island Kitchen has
tons of cabinets and counter space. Spacious breakfast room adjoins
and massive formal Dining or Study is just off the kitchen.
Laundry room located downstairs. Tons of windows and natural
light pouring in. All bedrooms are up. No carpet in this home.
Secluded, low traffic part of the energy corridor. 2 minute walk to
Private Clubhouse, Community Swimming Pool, Tennis Courts and
fenced Playground. Low maintenance landscaping. Close proximity to
bicycle and paved walking path. Only minutes to Terry Hershey Park
and Westside Tennis Club. Easy access to I-10. Great home in a
great location for a great price.
Unit Size
2,834 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$150
Property Type
House
Property Taxes
$788
HOA Dues
$69
Year Built
1988
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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 #68657731)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 14, 2022 | Sold | ||
| Sold | |||
| Nov 16, 2022 | Listed by eXp Realty, LLC | $425,000 | |
| Listed by eXp Realty, LLC | |||
| | |||
|
NEVER FLOODED. Grand entrance with vaulted ceilings. Living room is the perfect place to entertain large group and friend gatherings. Cozy fireplace for those cold winter nights. Island Kitchen has tons of cabinets and counter space. Spacious breakfast room adjoins and massive formal Dining or Study is just off the kitchen. Laundry room located downstairs. Tons of windows and natural light pouring in. All bedrooms are up. No carpet in this home. Secluded, low traffic part of the energy corridor. 2 minute walk to Private Clubhouse, Community Swimming Pool, Tennis Courts and fenced Playground. Low maintenance landscaping. Close proximity to bicycle and paved walking path. Only minutes to Terry Hershey Park and Westside Tennis Club. Easy access to I-10. Great home in a great location for a great price.
| |||
| Nov 10, 2020 | No longer available | - | |
| No longer available | |||
| Sep 10, 2020 | Listed by Keller Williams - Platinum Houston | $400,000 | |
| Listed by Keller Williams - Platinum Houston | |||
| | |||
|
DID NOT FLOOD! Absolutely stunning home located in the energy corridor. No carpet. 4 bedrooms all upstairs with wood and tile. Enormous living room with a cozy fireplace and oversized neutral tile throughout all of downstairs. Vaulted ceilings. Formal dining overlooking the beautiful backyard that plenty of room for seating. Loads of windows that allows for natural light to pour through the home. Large island kitchen with tons of cabinets and granite counter tops. Stainless appliances. Updated light fixtures. Roof replaced 2019. Backyard has patio and plenty of space to play or for a future pool. Home is mostly brick. Located near City Center, shopping and great restaurants. Zoned to great schools. Oversized driveway. DID NOT FLOOD! The manager has listed the unit size as 2834 square feet.
| |||
| Aug 10, 2018 | No longer available | - | |
| No longer available | |||
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Property Highlights
Garage
Fireplace
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: Renae Gibson, eXp Realty, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 68657731
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Last Updated: 5 months ago
Data Source: HAR , MLS# 68657731
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