$475,000 Last Listed Price
●
House -
Off Market
12427 Ticonderoga Road
Houston, TX 77044
3 Beds
2 Baths
1,886 Ft²
$472,339
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model
About This Property
Endless possibilities await in this expansive 2.5-acre wooded lot
near commercial centers, high-traffic areas, and top-rated
establishments! This sprawling property offers the perfect setting
to create your dream home with your business on-site! Thoughtfully
designed with a storage shed and an oversized 4-car tandem garage
for ample parking. Current structure is a brick house with 3
bedrooms, 2 baths, a living area with tile floors, an open kitchen,
formal dining, utility room, den, and a covered patio-it presents
an incredible opportunity to make it your own! The property offers
easy access to several parks and fields, including the Sheldon
Sports Complex, Brock Park Disc Golf Course, Resilience Trail, and
Houston Motorsports Park. Just minutes away from plenty of retail
and dining options such as Marshalls, Citi Trends, JV Ranch Ice
House, and La Cocina De Maria. Conveniently located nearby major
thoroughfares like the Sam Houston Tollway, Beltway 8, Business 90,
and I-69 HOV!
Unit Size
1,886 Ft²
Days on Market
-
Land Size
2.50 acres
Price per sqft
$252
Property Type
House
Property Taxes
$673
HOA Dues
-
Year Built
1970
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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 #12018054)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 10, 2023 | Sold | ||
| Sold | |||
| Jul 22, 2023 | Listed by Keller Williams Realty - Memor | $475,000 | |
| Listed by Keller Williams Realty - Memor | |||
| | |||
|
Endless possibilities await in this expansive 2.5-acre wooded lot near commercial centers, high-traffic areas, and top-rated establishments! This sprawling property offers the perfect setting to create your dream home with your business on-site! Thoughtfully designed with a storage shed and an oversized 4-car tandem garage for ample parking. Current structure is a brick house with 3 bedrooms, 2 baths, a living area with tile floors, an open kitchen, formal dining, utility room, den, and a covered patio—it presents an incredible opportunity to make it your own! The property offers easy access to several parks and fields, including the Sheldon Sports Complex, Brock Park Disc Golf Course, Resilience Trail, and Houston Motorsports Park. Just minutes away from plenty of retail and dining options such as Marshalls, Citi Trends, JV Ranch Ice House, and La Cocina De Maria. Conveniently located nearby major thoroughfares like the Sam Houston Tollway, Beltway 8, Business 90, and I-69 HOV!
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Houmont Park
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Listed by: Violet Brooks, Keller Williams Realty - Memor
Last Updated: 5 months ago
Data Source: HAR , MLS# 12018054
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Last Updated: 5 months ago
Data Source: HAR , MLS# 12018054
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