$900,000 Last Listed Price
●
House -
Off Market
1308 Althea Drive
Houston, TX 77018
3 Beds
2 Baths,
1
Half Bath
2,225 Ft²
$6,044
Est. Monthly
About This Property
Seeking something unique, pristine and in one of Houston's most
desirable neighborhoods? 1308 Althea is IT! This architectural
contemporary masterpiece features three bedrooms and a dedicated
office or bonus space on the first floor. The open floor plan is
flooded with natural light, creating a warm and inviting
atmosphere. The home is designed so that every room on the first
floor offers a view of the stunning backyard and pool oasis.
The master bedroom includes a custom walk-in closet designed
by California Closets. Outside, a sparkling modern pool is
surrounded by turf and custom decking, perfect for entertaining.
Located in one of Houston's most desirable neighborhoods and zoned
to Oak Forest Elementary, this home also sits on one of the best
streets in the area. Don't miss the chance to own this exquisite
property.
Unit Size
2,225 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$404
Property Type
House
Property Taxes
$1,624
HOA Dues
-
Year Built
2010
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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 #7220790)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2024 | Sold | ||
| Sold | |||
| Aug 23, 2024 | In contract | - | |
| In contract | |||
| Aug 15, 2024 | Listed by Compass RE Texas, LLC - Houston | $900,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| | |||
|
Seeking something unique, pristine and in one of Houston's most desirable neighborhoods? 1308 Althea is IT! This architectural contemporary masterpiece features three bedrooms and a dedicated office or bonus space on the first floor. The open floor plan is flooded with natural light, creating a warm and inviting atmosphere. The home is designed so that every room on the first floor offers a view of the stunning backyard and pool oasis. The master bedroom includes a custom walk-in closet designed by California Closets. Outside, a sparkling modern pool is surrounded by turf and custom decking, perfect for entertaining. Located in one of Houston's most desirable neighborhoods and zoned to Oak Forest Elementary, this home also sits on one of the best streets in the area. Don't miss the chance to own this exquisite property.
| |||
| Aug 18, 2021 | Sold | ||
| Sold | |||
| Jul 15, 2021 | Listed by Compass RE Texas, LLC | $825,000 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
|
Architectural custom contemporary with a gorgeous pool in desirable Oak Forest! Significant deck area around pool for entertaining and generous grassy area for play. Primary bedroom + study down and 2 additional bedrooms up. Approximately 7300 sf lot. Updates:include new Induction cooktop, exterior paint, and pool. Special Features include: kitchen open to the Den, granite countertops, stained concrete floors downstairs, a galvanized finish standing seam metal roof with ice and water shield barrier, Icynene spray foam insulation which works beautifully with high efficiency HVAC with air intake system that works in combination to provide a comfortable indoor environment all year long. Mid block location! Oak Forest Elementary (Independently Verify Availability) tops off the reasons why this house is so special!
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Property Highlights
Garage
Air Conditioning
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
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Listed by: Leah Oliver, Compass RE Texas, LLC - Houston
Last Updated: 6 months ago
Data Source: HAR , MLS# 7220790
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Last Updated: 6 months ago
Data Source: HAR , MLS# 7220790
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