32
Map
$565,000 Last Listed Price
●
House -
Off Market
12423 Shepherds Ridge Drive
Houston, TX 77077
4 Beds
2 Baths,
1
Half Bath
2,350 Ft²
$3,635
Est. Monthly
$65
HOA / Fees
4.44%
Cap Rate
About This Property
Charming traditional home located on a quiet tree lined street in
desirable Ashford Forest. Wonderful floor plan with first floor
primary bedroom, home office and 3 spacious bedrooms on the second
floor. Detailed wood work throughout including crown molding, wood
paneling and wainscoting. Updates include: under slab plumbing,
HVAC, attic insulation, foundation, pool coping/tile/pump/filter,
flooring, interior and exterior paint, water heater, roof
fascia/soffit/flashing, windows, doors, trim, and luxury vinyl
flooring throughout. Great kitchen with custom wood cabinets to the
ceiling, stainless appliances, recessed lighting and peninsula
overlooking the family room. Large back yard with swimming pool,
hot tub, outdoor lounging areas, lush landscaping, recent fence and
garden area. Gorgeous curb appeal with covered front porch,
professional landscaping and a two-car garage with a porte-cochere.
Amazing location near the energy corridor, restaurants, shopping
and City Centre.
Unit Size
2,350 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$240
Property Type
House
Property Taxes
$795
HOA Dues
$65
Year Built
1969
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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: 4 months ago (HAR #8181321)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 20, 2025 | Sold | ||
| Sold | |||
| Apr 14, 2025 | In contract | - | |
| In contract | |||
| Apr 10, 2025 | Listed by RE/MAX Signature | $565,000 | |
| Listed by RE/MAX Signature | |||
| Mar 7, 2019 | Sold | ||
| Sold | |||
| Oct 25, 2018 | Listed by Clarkson & Company Real Estate | $394,000 | |
| Listed by Clarkson & Company Real Estate | |||
| | |||
|
Charming home located in the Energy Corridor, close to I10, a short drive to incredible dining & shopping. This spacious home is perfect for entertaining guests. This home did NOT flood. Detailed wood work in the crown molding, wood paneling and wainscoting throughout the house. The kitchen has granite surface counters, stainless appliances and travertine floors. The laundry room has great storage and utility sink. The master suite is located on the first floor and there are three full bedrooms up with 2.5 baths. Nice size study on this first floor. Lush landscaping surrounds the house, swimming pool & outdoor lounging areas in the back. This is truly a private oasis that is perfect for entertaining. There is a two-car garage and two car porte-cocheres on a double wide driveway. Zoned to excellent schools and conveniently located to many shops, restaurants and medical facilities.
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Melanie White, RE/MAX Signature
Last Updated: 4 months ago
Data Source: HAR , MLS# 8181321
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Last Updated: 4 months ago
Data Source: HAR , MLS# 8181321
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