150 Gessner Road #5A
About This Property
This elegant 2-bedroom, 2.5-bath residence on the 5th floor offers breathtaking views of South Memorial and the sparkling pool, framed by floor-to-ceiling windows and spacious balconies. A thoughtfully designed, unique floor plan makes this home a rare find, recently refreshed with neutral paint for a timeless, move-in ready appeal.
The Tealstone provides residents with luxury amenities and peace of mind, including a beautifully renovated pool deck, gas backup generator, well-equipped exercise room, and the security of a 24-hour concierge service.
Perfectly situated near Memorial City, CityCentre, and premier dining and shopping, this residence offers convenience and elegance for full-time living. Plus, its location in a non-flood zone ensures added confidence in your investment.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 5, 2025 | Sold | ||
| Sold | |||
| Nov 19, 2025 | In contract | - | |
| In contract | |||
| Nov 15, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 14, 2025 | Listed by Compass RE Texas, LLC - Memorial | $375,000 | |
| Listed by Compass RE Texas, LLC - Memorial | |||
| Oct 10, 2025 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/22/2025
|
2 Bed
|
2 Bath
|
1375 ft²
|
$370,000
2 Bed
2 Bath
1375 ft²
|
$360,000
-2.70%
11/05/2025
|
Jadranka Imamovic
HomeSmart
| |
|
09/14/2025
|
2 Bed
|
2 Bath
|
1882 ft²
|
$375,000
2 Bed
2 Bath
1882 ft²
|
-
-
|
Roxana Alarcon
Energy Realty
| |
|
07/29/2025
|
2 Bed
|
2 Bath
|
1865 ft²
|
$424,000
2 Bed
2 Bath
1865 ft²
|
$394,000
-7.08%
09/23/2025
|
Juana Del Fierro
Keller Williams Realty Metropolitan
| |
|
04/05/2025
|
2 Bed
|
2 Bath
|
1865 ft²
|
$397,000
2 Bed
2 Bath
1865 ft²
|
$393,000
-1.01%
08/06/2025
|
Jadranka Imamovic
HomeSmart
| |
|
02/25/2025
|
2 Bed
|
2 Bath
|
1865 ft²
|
$390,000
2 Bed
2 Bath
1865 ft²
|
$375,000
-3.85%
04/11/2025
|
CARYN BEARD
CARYN BEARD PROPERTIES
| |
|
01/31/2025
|
2 Bed
|
3 Bath
|
1882 ft²
|
$397,000
2 Bed
3 Bath
1882 ft²
|
$397,000
03/03/2025
|
Jadranka Imamovic
HomeSmart
| |
|
07/23/2024
|
2 Bed
|
3 Bath
|
1865 ft²
|
$420,000
2 Bed
3 Bath
1865 ft²
|
-
-
|
Jennifer Reese
Ameristar, REALTORS
| |
|
05/10/2024
|
1 Bed
|
2 Bath
|
1141 ft²
|
$315,000
1 Bed
2 Bath
1141 ft²
|
$273,000
-13.33%
09/20/2024
|
Anne Hamilton
Martha Turner Sotheby's International Realty
| |
|
03/26/2024
|
2 Bed
|
3 Bath
|
1552 ft²
|
$425,000
2 Bed
3 Bath
1552 ft²
|
$425,000
04/24/2024
|
Jadranka Imamovic
HomeSmart
| |
|
09/07/2023
|
2 Bed
|
3 Bath
|
1882 ft²
|
$399,500
2 Bed
3 Bath
1882 ft²
|
-
-
|
Creston Inderrieden
IndyQuest Properties, LLC
| |
|
08/30/2023
|
2 Bed
|
3 Bath
|
1931 ft²
|
$425,000
2 Bed
3 Bath
1931 ft²
|
-
-
|
Jim Verges
Better Homes and Gardens Real Estate Gary Greene -
| |
|
11/19/2023
|
3 Bed
|
3 Bath
|
2312 ft²
|
$549,900
3 Bed
3 Bath
2312 ft²
|
$500,000
-9.07%
03/19/2024
|
Jane Thomas
Keller Williams - Houston Memorial
| |
|
10/19/2023
|
2 Bed
|
3 Bath
|
1865 ft²
|
$625,000
2 Bed
3 Bath
1865 ft²
|
-
-
|
Rebecca Andress
Greenwood King Properties - Voss Office
| |
|
09/21/2023
|
3 Bed
|
2 Bath
|
2675 ft²
|
$650,000
3 Bed
2 Bath
2675 ft²
|
$575,000
-11.54%
03/12/2024
|
Rebecque Demark
Better Homes and Gardens Real Estate Gary Greene -
| |
|
11/17/2021
|
2 Bed
|
2 Bath
|
1865 ft²
|
$595,000
2 Bed
2 Bath
1865 ft²
|
$540,000
-9.24%
04/26/2022
|
Jadranka Imamovic
HomeSmart
| |
|
07/18/2021
|
2 Bed
|
3 Bath
|
1872 ft²
|
$539,000
2 Bed
3 Bath
1872 ft²
|
$515,000
-4.45%
11/19/2021
|
Jadranka Imamovic
HomeSmart
| |
|
01/05/2021
|
Loft
|
3 Bath
|
1872 ft²
|
$599,000
Loft
3 Bath
1872 ft²
|
-
-
|
Shawn Manderscheid
Keller Williams - Houston Metropolitan
| |
|
12/18/2020
|
2 Bed
|
3 Bath
|
1865 ft²
|
$469,000
2 Bed
3 Bath
1865 ft²
|
$435,000
-7.25%
07/02/2021
|
Raghda Henthorne
Martha Turner Sotheby's International Realty
| |
|
12/01/2020
|
2 Bed
|
3 Bath
|
1882 ft²
|
$539,900
2 Bed
3 Bath
1882 ft²
|
$505,000
-6.46%
05/07/2021
|
Carrie Brown
Citiwide Properties Corp.
| |
|
10/27/2020
|
Loft
|
3 Bath
|
1865 ft²
|
$499,900
Loft
3 Bath
1865 ft²
|
-
-
|
Jennifer Chatham
Keller Williams - Houston - Professionals
| |
|
10/07/2020
|
2 Bed
|
2 Bath
|
1872 ft²
|
$650,000
2 Bed
2 Bath
1872 ft²
|
$619,000
-4.77%
03/31/2021
|
Nicholas Moncada
Douglas Elliman Real Estate
| |
|
08/13/2020
|
3 Bed
|
2 Bath
|
2675 ft²
|
$780,000
3 Bed
2 Bath
2675 ft²
|
$750,000
-3.85%
11/13/2020
|
Abeer Abdelaal
Keller Williams - Houston Premier
| |
|
06/01/2020
|
Loft
|
3 Bath
|
1882 ft²
|
$549,000
Loft
3 Bath
1882 ft²
|
-
-
|
Dawn Mack
Keller Williams - Houston Premier
| |
|
03/10/2020
| |
2 Bed
|
3 Bath
|
1865 ft²
|
$625,000
2 Bed
3 Bath
1865 ft²
|
$555,000
-11.20%
04/30/2020
|
David Houston
New Leaf Real Estate
|
|
03/26/2019
|
Loft
|
3 Bath
|
1882 ft²
|
$580,000
Loft
3 Bath
1882 ft²
|
-
-
|
Dawn Mack
Keller Williams - Houston Premier
| |
|
09/08/2018
|
2 Bed
|
3 Bath
|
1882 ft²
|
-
2 Bed
3 Bath
1882 ft²
|
-
-
|
Dawn Mack
Keller Williams - Houston Premier
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017