$1,399,990 Last Listed Price
●
House -
Off Market
1229 Tulane Street
Houston, TX 77008
4 Beds
3 Baths
2,920 Ft²
$1,419,176
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
This STUNNING 4- BED Craftsman Bungalow is part of the Historic
Houston Heights, originally built in the early turn of century.
Major remodel in 2014 completed by Bungalow Revival +2
bedrooms, +1-Hollywood bathroom & full gut reno. In 2021, an
all-new one-bedroom garage apartment with a separate address was
added with ally access (INCOME POTENTIAL). Main House is 4
BED + 3 full baths, 2-car garage, Garage Apt is 1-BED + FULL BATH,
stackable washer & dryer. This makes 3440 of total living
space! Main House has primary + office/bedroom down, formal living
and dining, charming front porch with curb appeal, elegant updated
kitchen with stainless appliances, wood floors throughout, 2 BED
plus full Jack & Jill bath upstairs, freshly painted, all new
front landscaping, screen back porch w/ TV, 1st-floor laundry,
bonus ARCADE ROOM with Kegerator. Don't miss chance to live
in Historic Houston Heights. NEVER FLOODED. Buyer verifies
all room dimensions.
Unit Size
2,920 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$479
Property Type
House
Property Taxes
$1,889
HOA Dues
-
Year Built
1930
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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 #89530213)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 20, 2022 | Sold | ||
| Sold | |||
| Feb 9, 2022 | Listed by RE/MAX The Woodlands & Spring | $1,399,990 | |
| Listed by RE/MAX The Woodlands & Spring | |||
| | |||
|
This STUNNING 4- BED Craftsman Bungalow is part of the Historic Houston Heights, originally built in the early turn of century. Major remodel in 2014 completed by Bungalow Revival +2 bedrooms, +1-Hollywood bathroom & full gut reno. In 2021, an all-new one-bedroom garage apartment with a separate address was added with ally access (INCOME POTENTIAL). Main House is 4 BED + 3 full baths, 2-car garage, Garage Apt is 1-BED + FULL BATH, stackable washer & dryer. This makes 3440 of total living space! Main House has primary + office/bedroom down, formal living and dining, charming front porch with curb appeal, elegant updated kitchen with stainless appliances, wood floors throughout, 2 BED plus full Jack & Jill bath upstairs, freshly painted, all new front landscaping, screen back porch w/ TV, 1st-floor laundry, bonus ARCADE ROOM with Kegerator. Don't miss chance to live in Historic Houston Heights. NEVER FLOODED. Buyer verifies all room dimensions.
| |||
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 Central Houston
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Listed by: Shannon Cox, RE/MAX The Woodlands & Spring
Last Updated: 5 months ago
Data Source: HAR , MLS# 89530213
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Last Updated: 5 months ago
Data Source: HAR , MLS# 89530213
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