$595,000
●
Condo -
Off Market
150 Gessner Road #8D
Houston, TX 77024
2 Beds
3 Baths,
1
Half Bath
1,865 Ft²
$5,758
Est. Monthly
$1,862
HOA / Fees
-2.46%
Cap Rate
About This Property
Enjoy tree top living in this sophisticated home in the heart of
Memorial! Stunning views throughout the home are peaceful and
relaxing. This home is truly special, offering exquisite wood
craftsmanship in a curved dining room wall, custom cabinetry,
custom study desk and elegant floors. Contemporary kitchen opens to
dining & living rooms & features bar stool seating, pull-out
pantry, & SubZero paneled refrigerator. Great attention to detail
in lighting, fine finishes & functionality make this a delightful
home for everyday living & entertaining. Envision morning coffee on
your expansive covered balcony. Matching custom built furniture is
included*; this home is move in ready! The Tealstone is a full
service hi-rise condo offering effortless city living w/sparkling
pool, exercise room, fire pit, BBQ grills, clubhouse, 24/7
concierge, generator & valet parking. Zoned to desirable SBISD
schools (Buyer to verify eligibility)! Discover your luxury "lock
and leave" lifestyle! *per Seller.
Unit Size
1,865 Ft²
Days on Market
-
Land Size
-
Price per sqft
$319
Property Type
Condo
Property Taxes
$974
HOA Dues
$1,862
Year Built
-
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Cap Rate Calculator
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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: 3 years ago (HAR #64404411)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 8, 2024 | No longer available | - | |
| No longer available | |||
| Mar 5, 2024 | Relisted | $595,000 | |
| Relisted | |||
| Mar 1, 2024 | In contract | - | |
| In contract | |||
| Jan 3, 2024 | Price Decreased |
$595,000
↓ $30K
(4.8%) | |
| Price Decreased | |||
| Oct 19, 2023 | Listed by Greenwood King Properties - Voss Office | $625,000 | |
| Listed by Greenwood King Properties - Voss Office | |||
Property Highlights
Parking Available
Garage
Elevator
Doorman
Air Conditioning
Fireplace
Parking Details
Parking Features: Additional Parking, Assigned Parking, Controlled Entrance, Valet Parking
Parking: 2 Spaces
Interior Details
Bedrooms: 2
Bedrooms: All Bedrooms Down, En-Suite Bath, Sitting Area, Walk-In Closet
Full Bathrooms: 2
Half Bathrooms: 1
Master Bathrooms: 0
Interior Features: Balcony, Elevator, Fire/Smoke Alarm, Formal Entry/Foyer, Refrigerator Included, Window Coverings
Appliances: Dryer Included, Refrigerator, Washer Included
Kitchen Features: Breakfast Bar, Kitchen open to Family Room, Pantry, Pots/Pans Drawers, Under Cabinet Lighting
Flooring: Carpet, Stone, Tile, Wood
Living Area SqFt: 1865
Exterior Details
Ownership Type: Full Ownership
Year Built: 1983
Year Built Source: Appraisal District
Home Type: Mid/Hi-Rise Condo
Construction materials: Concrete
Exterior Features: Balcony/Terrace, Exercise Room, Party Room, Service Elevator, Storage, Trash Chute, Trash Pick Up
Financial Details
Total Taxes: $11,690
Tax Year: 2022
Tax Rate: 2.3379
Parcel Number: 116-135-008-0004
Utilities Details
Heating Type: Central Electric, Heat Pump
Cooling Type: Central Electric, Heat Pump
Location Details
Location: ON GESSNER BETWEEN MEMORIAL AND BRIAR FOREST. From I-10, Katy Freeway, go south past Memorial. Property is on left (east) side of street. Park in spaces on north side of entrance.
Subdivision: Tealstone Condo
HOA Details
Other Fee: $5,701
HOA Fee: $1,862
HOA Fee Includes: Building & Grounds, Clubhouse, Concierge, Recreational Facilities, Trash Removal, Valet Parking, Water and Sewer
HOA Fee Pay Schedule: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
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
About Westside
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Listed by: Rebecca Andress, Greenwood King Properties - Voss Office
Last Updated: 3 years ago
Data Source: HAR , MLS# 64404411
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Last Updated: 3 years ago
Data Source: HAR , MLS# 64404411
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