$559,700 Last Listed Price
●
House -
Off Market
1231 Melford Drive
Houston, TX 77077
4 Beds
2 Baths,
1
Half Bath
3,526 Ft²
$3,755
Est. Monthly
$95
HOA / Fees
About This Property
Located in one of the Energy Corridor's premier gated communities
and within walking distance to top-rated schools like Bush
Elementary, this stunning two-story home at boasts numerous
on-trend updates. The first floor features wood laminate floors
throughout, a kitchen with freshly painted cabinets, chic Subway
tile backsplash, & stainless steel appliances. The open-concept
design seamlessly connects the kitchen, dining, and living areas,
creating a perfect space for entertaining and everyday living. The
first-floor primary bedroom is a serene retreat, complete with a
remodeled ensuite bathroom featuring modern fixtures and a spacious
walk-in closet. Upstairs, you'll find a versatile gameroom, three
generously sized bedrooms, and an updated secondary bathroom. Step
outside to the fenced-in yard, where you'll discover plenty of
space for kids and pets to play, along with a covered patio perfect
for dining alfresco. With so many fresh updates, you can move in
before school starts.
Unit Size
3,526 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$159
Property Type
House
Property Taxes
$911
HOA Dues
$95
Year Built
1995
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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 #5424341)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Oct 1, 2024 | In contract | - | |
| In contract | |||
| Aug 23, 2024 | No longer available | - | |
| No longer available | |||
| Aug 22, 2024 | Listed by Energy Realty | $559,700 | |
| Listed by Energy Realty | |||
| Jul 12, 2024 | Listed by Energy Realty | $597,000 | |
| Listed by Energy Realty | |||
| | |||
|
Located in one of the Energy Corridor's premier gated communities and within walking distance to top-rated schools like Bush Elementary, this stunning two-story home at boasts numerous on-trend updates. The first floor features wood laminate floors throughout, a kitchen with freshly painted cabinets, chic Subway tile backsplash, & stainless steel appliances. The open-concept design seamlessly connects the kitchen, dining, and living areas, creating a perfect space for entertaining and everyday living. The first-floor primary bedroom is a serene retreat, complete with a remodeled ensuite bathroom featuring modern fixtures and a spacious walk-in closet. Upstairs, you'll find a versatile gameroom, three generously sized bedrooms, and an updated secondary bathroom. Step outside to the fenced-in yard, where you'll discover plenty of space for kids and pets to play, along with a covered patio perfect for dining alfresco. With so many fresh updates, you can move in before school starts.
| |||
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
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HOA + Taxes
About Westside
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Listed by: Sheryle Campbell, Energy Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 5424341
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Last Updated: 5 months ago
Data Source: HAR , MLS# 5424341
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