$205,000 Last Listed Price
●
House -
Off Market
1427 Sweet Grass Trail
Houston, TX 77090
4 Beds
2 Baths,
1
Half Bath
2,717 Ft²
$1,465
Est. Monthly
$35
HOA / Fees
About This Property
Are you a discerning investor seeking opportunities? We introduce
to you an exceptional two-story residence featuring four bedrooms
and a spacious 2700 square feet of living area. This property is
the perfect canvas for you to express your creativity and elevate
it into a premium market jewel.
-Four generously-sized bedrooms await your vision
-A two-story layout offering versatility and practicality
-A sturdy "good bones" structure provides a solid foundation for remodeling
-Conveniently situated near I-45, ensuring effortless transportation access
-Enjoy a low tax rate and annual HOA fees
This home is a hidden gem, eagerly awaiting your personal touch and investment to metamorphose into a highly sought-after property. With its prime proximity to I-45, you'll enjoy the benefits of easy commuting and access to the vibrant city life. Envision the potential for substantial returns once you've completed your renovation and ascended to the pinnacle of the market!
-Four generously-sized bedrooms await your vision
-A two-story layout offering versatility and practicality
-A sturdy "good bones" structure provides a solid foundation for remodeling
-Conveniently situated near I-45, ensuring effortless transportation access
-Enjoy a low tax rate and annual HOA fees
This home is a hidden gem, eagerly awaiting your personal touch and investment to metamorphose into a highly sought-after property. With its prime proximity to I-45, you'll enjoy the benefits of easy commuting and access to the vibrant city life. Envision the potential for substantial returns once you've completed your renovation and ascended to the pinnacle of the market!
Unit Size
2,717 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$75
Property Type
House
Property Taxes
$423
HOA Dues
$35
Year Built
1970
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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 #84612877)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 21, 2024 | Sold | ||
| Sold | |||
| Sep 19, 2024 | In contract | - | |
| In contract | |||
| Jul 12, 2024 | Price Decreased |
$305,000
↓ $33K
(9.8%) | |
| Price Decreased | |||
| Jun 7, 2024 | Price Increased |
$338,000
↑ $33K
(10.8%) | |
| Price Increased | |||
| May 12, 2024 | Listed by REALM Real Estate Professionals - Galleria | $305,000 | |
| Listed by REALM Real Estate Professionals - Galleria | |||
| | |||
|
We introduce to you a stunningly remodeled property with five bedrooms, 3 full baths, 1-half bath with over 2700 square feet of living area in the established Ponderosa Forest community. The property features a new kitchen layout, new cabinets, countertops, select appliances and 3 completely updated and remodeled baths. The property is conveniently located near I-45N, Beltway 8, Hwy 249, Hwy 99, Spring, The Woodlands and almost any vendor you will need is near or off of FM1960. No Survey.
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
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Type
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ft²
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Listed On
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Sold On
Sold On
HOA + Taxes
About Ponderosa Forest
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Listed by: Lacie Lugo, The Collective Real Estate Group
Last Updated: 5 months ago
Data Source: HAR , MLS# 84612877
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purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Last Updated: 5 months ago
Data Source: HAR , MLS# 84612877
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