$825,000 Last Listed Price
●
House -
Off Market
1507 Lynnview Drive
Houston, TX 77055
3 Beds
2 Baths
2,130 Ft²
$1,025,868
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
Beautifully updated single story ranch style home w/ pool zoned
to Valley Oaks Elementary (walking distance) and Memorial
High on a large 13,200 sqft lot! Amazing indoor/outdoor flow
from living room to backyard to enjoy the pool and entertain.
Updated finishes and systems throughout such as beautiful
custom tile floors, 2017 roof, and recent HVAC system. Gorgeous
block of Monarch Oaks with many new construction homes
selling around $2M and fantastic walkability.
to Valley Oaks Elementary (walking distance) and Memorial
High on a large 13,200 sqft lot! Amazing indoor/outdoor flow
from living room to backyard to enjoy the pool and entertain.
Updated finishes and systems throughout such as beautiful
custom tile floors, 2017 roof, and recent HVAC system. Gorgeous
block of Monarch Oaks with many new construction homes
selling around $2M and fantastic walkability.
Unit Size
2,130 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$387
Property Type
House
Property Taxes
$1,707
HOA Dues
-
Year Built
1956
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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 #89212695)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 26, 2021 | Sold | ||
| Sold | |||
| Jan 7, 2021 | Listed by Compass RE Texas, LLC | $825,000 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
|
Beautifully updated single story ranch style home w/ pool zoned
to Valley Oaks Elementary (walking distance) and Memorial
High on a large 13,200 sqft lot! Amazing indoor/outdoor flow
from living room to backyard to enjoy the pool and entertain.
Updated finishes and systems throughout such as beautiful
custom tile floors, 2017 roof, and recent HVAC system. Gorgeous
block of Monarch Oaks with many new construction homes
selling around $2M and fantastic walkability.
| |||
| Mar 19, 2019 | Sold | ||
| Sold | |||
| Jan 26, 2019 | Listed by eXp Realty LLC | $814,999 | |
| Listed by eXp Realty LLC | |||
| | |||
|
Elegantly remodeled, light & bright! Updated kitchen, floors, windows, doors, hardware, lighting. Baths remodeled. Italian tile in living areas, travertine in master b/b, no carpet. Built in den cabinet. Hall desk area. Laundry room storage & workout space. Inviting outdoor patio, sparkling pool & spa, re-plastered 5/17. Lush landscaping, fully sprinklered. Other updates include new 2017 electrical box, new 2017 roof, new 2017 garage doors, new 2017 pool pump motor, newer A/C unit. Pool: 32 x 18, plus spa. Move in ready!
| |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Northwest Houston
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Listed by: Marc Zachrau, Compass RE Texas, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 89212695
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Last Updated: 5 months ago
Data Source: HAR , MLS# 89212695
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