$2,350,000 Last Listed Price
●
House -
Off Market
12518 Old Oaks Drive
Houston, TX 77024
5 Beds
4 Baths,
1
Half Bath
4,490 Ft²
$13,533
Est. Monthly
About This Property
Completely reimagined Memorial Pines home recently taken to the
studs! The open-concept floor plan is an entertainer's dream
w/large living spaces, a state-of-the-art kitchen, and a modern
fireplace that creates a cozy atmosphere for small to large
gatherings. Well-sized primary suite and secondary bedrooms have
high ceilings, engineered hardwoods and designer lighting. Spa-like
bathrooms offer large porcelain tile floors, new vanities and
custom cabinetry. Kitchen features custom white oak cabinets,
stunning appliances (48" fridge, 30" wine fridge, two dishwashers
and a 48" range) and quartz countertops. The exquisite location
offers convenient access to Memorial Green, City Center, and Town
and Country plus I-10 and Beltway 8 are easily accessible. Not only
does this property boast its proximity to nearby amenities, but it
also boasts a sense of privacy on a secluded street. Zoned to
Frostwood Elem, MMS & MHS.
Unit Size
4,490 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$523
Property Type
House
Property Taxes
$1,994
HOA Dues
-
Year Built
1961
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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: 6 months ago (HAR #30163414)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 10, 2024 | Sold | ||
| Sold | |||
| Mar 13, 2024 | In contract | - | |
| In contract | |||
| Feb 27, 2024 | Listed by Del Monte Realty | $2,350,000 | |
| Listed by Del Monte Realty | |||
| | |||
|
Completely reimagined Memorial Pines home recently taken to the studs! The open-concept floor plan is an entertainer's dream w/large living spaces, a state-of-the-art kitchen, and a modern fireplace that creates a cozy atmosphere for small to large gatherings. Well-sized primary suite and secondary bedrooms have high ceilings, engineered hardwoods and designer lighting. Spa-like bathrooms offer large porcelain tile floors, new vanities and custom cabinetry. Kitchen features custom white oak cabinets, stunning appliances (48" fridge, 30" wine fridge, two dishwashers and a 48" range) and quartz countertops. The exquisite location offers convenient access to Memorial Green, City Center, and Town and Country plus I-10 and Beltway 8 are easily accessible. Not only does this property boast its proximity to nearby amenities, but it also boasts a sense of privacy on a secluded street. Zoned to Frostwood Elem, MMS & MHS.
| |||
| Sep 5, 2023 | Sold | ||
| Sold | |||
| Jun 22, 2023 | Listed by Stone & Fields | $1,249,000 | |
| Listed by Stone & Fields | |||
| | |||
|
The exquisite location of this property in Memorial Pines is a true gem, offering convenient access to Memorial Green, City Center, and Town and Country. Commuting is a breeze with easy accessibility to I-10 and Sam Houston. Not only does this property boast its proximity to nearby amenities, but it also boasts a sense of privacy on a secluded street.
It also offers ample room for expansion and customization with already approved architectural drawings and permits for a second-floor extension that can add approximately 2500 sqft. Alternatively, reimagine the existing house and transform the backyard into your own personal oasis. With the endless possibilities available, the sky is truly the limit.
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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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ft²
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About Westside
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Listed by: Casey Charles, Del Monte Realty
Last Updated: 6 months ago
Data Source: HAR , MLS# 30163414
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Last Updated: 6 months ago
Data Source: HAR , MLS# 30163414
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