$849,900 Last Listed Price
●
House -
Off Market
12526 Mossycup Drive
Houston, TX 77024
4 Beds
2 Baths,
1
Half Bath
2,390 Ft²
$964,806
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model
About This Property
Incredible opportunity to renovate an original 1962 traditional
style home or build your dream home on this
13,156 sq ft over sized lot with mature trees in desirable Memorial Pines neighborhood. This well-cared for
charming home is surrounded by renovated older homes and new construction. The home has 4 bedrooms
and 2 1/2 baths. The formal dining room is off the front entry. The family room has wood floors, a gas
fireplace, and a wall of built in bookcases. The home is being sold "as is, where is". Located in close
proximity to City Centre, Memorial Green, upscale dining and entertainment. Zoned to exemplary SBISD
schools - Frostwood Elementary, Memorial Middle School and Memorial High School. No flooding per seller.
13,156 sq ft over sized lot with mature trees in desirable Memorial Pines neighborhood. This well-cared for
charming home is surrounded by renovated older homes and new construction. The home has 4 bedrooms
and 2 1/2 baths. The formal dining room is off the front entry. The family room has wood floors, a gas
fireplace, and a wall of built in bookcases. The home is being sold "as is, where is". Located in close
proximity to City Centre, Memorial Green, upscale dining and entertainment. Zoned to exemplary SBISD
schools - Frostwood Elementary, Memorial Middle School and Memorial High School. No flooding per seller.
Unit Size
2,390 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$356
Property Type
House
Property Taxes
$1,597
HOA Dues
-
Year Built
1962
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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 #59899649)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 19, 2024 | Sold | ||
| Sold | |||
| Mar 7, 2023 | Listed by Compass RE Texas, LLC | $2,800,000 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
|
Wonderful opportunity to reserve your newly built luxurious home in Memorial. Design & construction by Read Homes. The classic & beautiful brick facade is only the beginning as you drive through the Porte cochere to the motor court and 3 garages of this magnificent home. This property has 5 bedrooms, 5 full & 2 1/2 baths and two staircases. The main house contains 4 of those bedrooms & the guest house has the 5th bedroom, living area, full bath & kitchenette. Luxuries include wide plank oak flooring, wood beamed ceilings, Wolf & Subzero appl, climate controlled wine rm, fully equipped butler's pantry in addition to walk in pantry. Kitchen has abundant classic stone finishes and opens to the family room with doors and large windows overlooking the pool sized yard, covered patio, summer kitchen & outdoor fireplace. Stunning Primary suite & study are down & both offer vaulted ceilings. Upstairs has 3 bedrooms all ensuite baths, game room and second utility. Completion slated for Nov 2023.
| |||
| Sep 15, 2021 | Sold | ||
| Sold | |||
| Jul 14, 2021 | Listed by Compass RE Texas, LLC Memorial | $849,900 | |
| Listed by Compass RE Texas, LLC Memorial | |||
| | |||
|
Incredible opportunity to renovate an original 1962 traditional style home or build your dream home on this
13,156 sq ft over sized lot with mature trees in desirable Memorial Pines neighborhood. This well-cared for
charming home is surrounded by renovated older homes and new construction. The home has 4 bedrooms
and 2 1/2 baths. The formal dining room is off the front entry. The family room has wood floors, a gas
fireplace, and a wall of built in bookcases. The home is being sold "as is, where is". Located in close
proximity to City Centre, Memorial Green, upscale dining and entertainment. Zoned to exemplary SBISD
schools - Frostwood Elementary, Memorial Middle School and Memorial High School. No flooding per seller.
| |||
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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Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Westside
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Listed by: Julie Sheets, Compass RE Texas, LLC Memorial
Last Updated: 5 months ago
Data Source: HAR , MLS# 59899649
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Last Updated: 5 months ago
Data Source: HAR , MLS# 59899649
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