$850,000 Last Listed Price
●
House -
Off Market
1511 Dunlavy Street
Houston, TX 77006
3 Beds
3 Baths
3,053 Ft²
$972,775
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
If you are looking for property that can produce various income,
such as a duplex, business, retail store, and many other things,
then this is the right one. With three separate units, big
parking lot, located one of the busiest streets of River Oak,
perfect for both residential & commercial possibilities.
Back building with high attic and window with option to convert to bedroom. Open floor plan, perfect for small business and residential. Luxury European style kitchen.
Duplex is fully renovated, each unit has 2 bedroom, 1 bathroom, new flooring, doors, windows and modern European style kitchen
Back building with high attic and window with option to convert to bedroom. Open floor plan, perfect for small business and residential. Luxury European style kitchen.
Duplex is fully renovated, each unit has 2 bedroom, 1 bathroom, new flooring, doors, windows and modern European style kitchen
Unit Size
3,053 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$278
Property Type
House
Property Taxes
$993
HOA Dues
-
Year Built
1945
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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 #24337206)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 25, 2021 | Sold | ||
| Sold | |||
| Apr 12, 2021 | Listed by Lone Star Realty | $850,000 | |
| Listed by Lone Star Realty | |||
| | |||
|
If you are looking for property that can produce various income, such as a duplex, business, retail store, and many other things, then this is the right one. With three separate units, big parking lot, located one of the busiest streets of River Oak, perfect for both residential & commercial possibilities.
Back building with high attic and window with option to convert to bedroom. Open floor plan, perfect for small business and residential. Luxury European style kitchen.
Duplex is fully renovated, each unit has 2 bedroom, 1 bathroom, new flooring, doors, windows and modern European style kitchen
| |||
| Jun 26, 2020 | Sold | ||
| Sold | |||
| May 22, 2020 | Listed by JLA Realty | $449,999 | |
| Listed by JLA Realty | |||
| | |||
|
In the heart on Montrose, this is a great opportunity for investors, builders, residential, commercial and more. This lot can be used for various income producing projects such as a duplex, business, retail store, and many other things. This property sets just minutes from River Oaks, West University, The Museum District, Zoo, Medical Center, Midtown and more. These opportunities do not come often and this property is located in the vicinity of great bike trails, shopping, bars/pubs, restaurants parks, Buffalo Bayou, and countless other amenities. Lot value ONLY.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
Beds
Baths
ft²
Price/ft²
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About Central Houston
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Listed by: Peter Le, Lone Star Realty
Last Updated: 6 months ago
Data Source: HAR , MLS# 24337206
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Last Updated: 6 months ago
Data Source: HAR , MLS# 24337206
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