$520,000 Last Listed Price
●
House -
Off Market
1511 Elgin Street
Houston, TX 77004
3 Beds
3 Baths,
1
Half Bath
2,337 Ft²
$3,575
Est. Monthly
$182
HOA / Fees
About This Property
Experience the best of urban living in this stylish Midtown
sanctuary! This 3 story residence boasts a lush gated front yard, a
prime location, and a stunning rooftop with captivating skyline
views offering a tranquil retreat. The open-concept living area
features a balcony, perfect for enjoying morning coffee or evening
cocktails with friends. The gourmet kitchen has high-end appliances
including a wine fridge, sleek cabinetry, and a generous island
with seating. The spacious primary has plenty of natural light and
features an ensuite with dual sinks. A cozy office is convenient
for those who work from home. You can hop on the light rail to
access the Downtown, the medical center, the Theatre District, and
Houston's renowned museums. Located in the vibrant Midtown, you'll
be near many restaurants, bars, and shops to explore. With easy
access to 45 & 59, the city is at your fingertips!
Unit Size
2,337 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$223
Property Type
House
Property Taxes
$840
HOA Dues
$182
Year Built
2015
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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 #10242114)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 12, 2025 | Sold | ||
| Sold | |||
| Feb 17, 2025 | In contract | - | |
| In contract | |||
| Feb 6, 2025 | Listed by Boulevard Realty | $520,000 | |
| Listed by Boulevard Realty | |||
| | |||
|
Experience the best of urban living in this stylish Midtown sanctuary! This 3 story residence boasts a lush gated front yard, a prime location, and a stunning rooftop with captivating skyline views offering a tranquil retreat. The open-concept living area features a balcony, perfect for enjoying morning coffee or evening cocktails with friends. The gourmet kitchen has high-end appliances including a wine fridge, sleek cabinetry, and a generous island with seating. The spacious primary has plenty of natural light and features an ensuite with dual sinks. A cozy office is convenient for those who work from home. You can hop on the light rail to access the Downtown, the medical center, the Theatre District, and Houston's renowned museums. Located in the vibrant Midtown, you'll be near many restaurants, bars, and shops to explore. With easy access to 45 & 59, the city is at your fingertips!
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About South Central Houston
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Listed by: Star Massing, Boulevard Realty
Last Updated: 6 months ago
Data Source: HAR , MLS# 10242114
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Last Updated: 6 months ago
Data Source: HAR , MLS# 10242114
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