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$299,000
●
House -
For Sale
1306 Neiman Lane
Houston, TX 77091
3 Beds
2 Baths,
1
Half Bath
1,658 Ft²
$1,725
Est. Monthly
$162
HOA / Fees
7.19%
Cap Rate
About This Property
Ask about our buyer accommodations!
Welcome to Wheatley Grove, where modern comfort meets convenience in Houston's thriving Highland Heights neighborhood. This newly built two-story home offers 3 bedrooms, 2.5 baths, and 1,658 sq. ft. of thoughtfully designed living space. The open kitchen showcases Cambria quartz countertops, a walk-in pantry, stainless Samsung appliances, and elegant silver hardware. Luxury plank flooring in the common areas, complemented by plush carpet in the bedrooms and soft-closing cabinets and drawers throughout, adds warmth and durability.
The primary suite features a coffered ceiling, a large walk-in closet, and spa-like bath complete with a seperate soaking tub, oversized shower, and dual vanity mirrors. Located just minutes from the Heights, Garden Oaks, Oak Forest, and downtown Houston, this home blends style, function, and location. Experience the best of city living with easy access to top restaurants, shopping, and entertainment.
Welcome to Wheatley Grove, where modern comfort meets convenience in Houston's thriving Highland Heights neighborhood. This newly built two-story home offers 3 bedrooms, 2.5 baths, and 1,658 sq. ft. of thoughtfully designed living space. The open kitchen showcases Cambria quartz countertops, a walk-in pantry, stainless Samsung appliances, and elegant silver hardware. Luxury plank flooring in the common areas, complemented by plush carpet in the bedrooms and soft-closing cabinets and drawers throughout, adds warmth and durability.
The primary suite features a coffered ceiling, a large walk-in closet, and spa-like bath complete with a seperate soaking tub, oversized shower, and dual vanity mirrors. Located just minutes from the Heights, Garden Oaks, Oak Forest, and downtown Houston, this home blends style, function, and location. Experience the best of city living with easy access to top restaurants, shopping, and entertainment.
Unit Size
1,658 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$180
Property Type
House
Property Taxes
$94
HOA Dues
$162
Year Built
-
Listed By
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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: 2 months ago (HAR #60266657)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 28, 2026 | Relisted | $299,000 | |
| Relisted | |||
| Feb 17, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jan 9, 2026 | Price Decreased |
$329,990
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Oct 2, 2025 | Listed by NB Elite Realty | $339,999 | |
| Listed by NB Elite Realty | |||
Property Highlights
Garage
Parking Details
Has Garage
Attached Garage
Parking Features: Attached
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Disposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
Exterior Details
Square Footage: 1658
Property Condition: New Construction
Architectural Style: Traditional
Year Built Source: Builder
Year Built: 2025
Builder Name: Magnolia Homes
Building Area Total: 1658
Construction Materials: Wood Siding
Lot Features: Subdivided, 0 Up To 1/4 Acre
Lot Size Area: 0.0421
Lot Size Units: Acres
Lot Size Acres: 0.0421
Lot Size Square Feet: 1833.876
Water Source: Public
Financial Details
Tax Annual Amount: $1,127
Utilities Details
Cooling Type: Electric
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA Fee: $162
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About North Houston
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Listed by: James Priddy, NB Elite Realty
Last Updated: 2 months ago
Data Source: HAR , MLS# 60266657
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Last Updated: 2 months ago
Data Source: HAR , MLS# 60266657
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