$400,000 Last Listed Price
●
House -
Off Market
12523 Huffmeister Road
Cypress, TX 77429
3 Beds
1 Bath
1,266 Ft²
$2,163
Est. Monthly
About This Property
UNRESTRICTED home. Sitting on just under a half on an acre, it's
both secluded & private yet properly poised with excellent
frontage. This home has been well cared for and owner occupied
while Cypress grew up around it. Zoned to exceptional CFISD Schools
this truly is a great place to live/work or live/small farm,
live/store your RV, or whatever you can imagine. Having an
unrestricted property is a lovely freedom. This home has never
flooded in its structure and the property/well/utility house only
took in water during Harvey *per the Seller, who also notes that
the well was replaced after Harvey. **Do not disturb occupant for
any reason** This one-of-a-kind property that's close to the city
but feels like the country! Can be a short term rental; bring in
more tenants on the land for income producing; perfect for a
company with trucks or boutique?! Low taxes b/c no MUD and no water
bill b/c it's on well!
Unit Size
1,266 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$316
Property Type
House
Property Taxes
$199
HOA Dues
-
Year Built
1958
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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 #24112089)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 20, 2024 | Sold | ||
| Sold | |||
| Mar 3, 2024 | In contract | - | |
| In contract | |||
| Feb 7, 2024 | Relisted | $400,000 | |
| Relisted | |||
| Jan 20, 2024 | In contract | - | |
| In contract | |||
| Nov 6, 2023 | Listed by Boston Real Estate Group LLC | $400,000 | |
| Listed by Boston Real Estate Group LLC | |||
| | |||
|
UNRESTRICTED home. Sitting on just under a half on an acre, it's both secluded & private yet properly poised with excellent frontage. This home has been well cared for and owner occupied while Cypress grew up around it. Zoned to exceptional CFISD Schools this truly is a great place to live/work or live/small farm, live/store your RV, or whatever you can imagine. Having an unrestricted property is a lovely freedom. This home has never flooded in its structure and the property/well/utility house only took in water during Harvey *per the Seller, who also notes that the well was replaced after Harvey. **Do not disturb occupant for any reason** This one-of-a-kind property that's close to the city but feels like the country! Can be a short term rental; bring in more tenants on the land for income producing; perfect for a company with trucks or boutique?! Low taxes b/c no MUD and no water bill b/c it’s on well!
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Cypress
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Christina Boston, Boston Real Estate Group LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 24112089
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Last Updated: 5 months ago
Data Source: HAR , MLS# 24112089
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