$575,000 Last Listed Price
●
House -
Off Market
1272 Nelson Falls Lane
Houston, TX 77008
3 Beds
2 Baths,
2
Half Baths
2,468 Ft²
$3,882
Est. Monthly
$173
HOA / Fees
About This Property
A beautiful home with highly sought after first floor living in
desirable Shady Acres tucked into a gated community! This home
features a large living space, dining room and kitchen with
beautiful hardwoods throughout all on the first floor. The kitchen
provides ample cabinetry, stainless appliances, wine storage and a
countertop island with room for seating. Upstairs on the 2nd floor
are the secondary bedrooms & bathroom, utility room, and the
oversized primary bedroom with ensuite spa-like primary bath
including a separate bathtub and shower and dual sinks. Wait until
you see the 3rd floor - a huge game room/flex space with an
additional half bath and access to the rooftop deck! Outside on the
deck there is plenty of room for entertaining and a summer kitchen.
This home is steps minutes from all the great restaurants and bars
of The Heights and walking distance to the White Oak Bayou trails.
Zoned to Sinclair Elementary.
Unit Size
2,468 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$233
Property Type
House
Property Taxes
$885
HOA Dues
$173
Year Built
2012
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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 #72277765)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 24, 2024 | Sold | ||
| Sold | |||
| Mar 18, 2024 | In contract | - | |
| In contract | |||
| Mar 14, 2024 | Listed by Compass RE Texas, LLC - The Heights | $575,000 | |
| Listed by Compass RE Texas, LLC - The Heights | |||
| | |||
|
A beautiful home with highly sought after first floor living in desirable Shady Acres tucked into a gated community! This home features a large living space, dining room and kitchen with beautiful hardwoods throughout all on the first floor. The kitchen provides ample cabinetry, stainless appliances, wine storage and a countertop island with room for seating. Upstairs on the 2nd floor are the secondary bedrooms & bathroom, utility room, and the oversized primary bedroom with ensuite spa-like primary bath including a separate bathtub and shower and dual sinks. Wait until you see the 3rd floor - a huge game room/flex space with an additional half bath and access to the rooftop deck! Outside on the deck there is plenty of room for entertaining and a summer kitchen. This home is steps minutes from all the great restaurants and bars of The Heights and walking distance to the White Oak Bayou trails. Zoned to Sinclair Elementary.
| |||
| May 21, 2020 | Sold | ||
| Sold | |||
| Mar 14, 2020 | Listed by BHGRE Gary Greene | $465,000 | |
| Listed by BHGRE Gary Greene | |||
| | |||
|
Beautiful home located in Covington Park, a gated community in Shady Acres. The layout is highly desirable with the kitchen/dining room/living room on the first floor along with one of the half bathrooms and all bedrooms and the laundry room on the second floor. The third floor has a large, multi functional game room, along with the second half bathroom, and an amazing rooftop deck. The rooftop deck also has an outdoor kitchen for easy grilling, and an unobstructed view. The house was painted and new carpet throughout was installed this year! The home is close to many great restaurants, bars, and parks, and is zoned to the highly desirable Sinclair Elementary School. It's walking distance to the White Oak Bayou walking and biking trail.
Home is available to be shown virtually - contact your agent or the listing agent to set up your showing!
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Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Baths
ft²
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Listed by: Ruth Carruthers, Compass RE Texas, LLC - The Heights
Last Updated: 6 months ago
Data Source: HAR , MLS# 72277765
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Last Updated: 6 months ago
Data Source: HAR , MLS# 72277765
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