44
Map
$1,795,000
●
House -
In Contract
1512 Kipling Street
Houston, TX 77006
4 Beds
4 Baths,
1
Half Bath
4,350 Ft²
$12,339
Est. Monthly
About This Property
This 2018-built, 4,350 square feet (per HCAD) Modern home in
deed-restricted Mandell Place has a light-filled, open floor plan
with hardwood floors, ceilings over 10 feet, and quartzite and
porcelain tile. Living and dining feature a slurry-brick wall; a
study has biparting barn doors, and a full bar with serving window
leads to a gated wine room with rack storage. The family room, with
fireplace and beamed ceiling, opens to a chef's kitchen with
island, Thermador appliances, and breakfast bay overlooking the
saltwater pool and turf yard. Four bedrooms, including the primary,
share the second floor with a retreat room and balcony access. The
primary suite bath has a free-standing tub, glass-enclosed
dual-head shower, and custom closet. The elevator-capable third
floor offers a media and game room with retractable screen and
projector, full bar, full bath, and rooftop terrace. The garage
apartment (528 square feet per HCAD) has a Murphy bed and full
bath. Shows beautifully!
Unit Size
4,350 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$413
Property Type
House
Property Taxes
$3,525
HOA Dues
-
Year Built
2018
Listed By
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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: 2 days ago (HAR #42683231)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2026 | In contract | - | |
| In contract | |||
| Sep 18, 2026 | Listed by Martha Turner Sotheby's International Realty | $1,795,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| Dec 12, 2018 | No longer available | - | |
| No longer available | |||
| Apr 3, 2018 | Listed by Keller Williams - Houston Metropolitan | $1,799,000 | |
| Listed by Keller Williams - Houston Metropolitan | |||
| | |||
|
Another Stunning Residence from Houston's Premier Builder, Croix Custom Homes! This is a fabulous home with fine finishes located in coveted and deed restricted Mandell Place! Wonderful Open Floor plan with Both Formals & Formal Study, Family Room open to the Island kitchen with Breakfast Area & Wet-Bar. The Second Floor Features a Large "Retreat" Room with a Cigar Balcony! All 4 Bedrooms, Including the Master are on the Second Floor. The Top Floor Features a Huge Game Room with a Full Wet-Bar and a Covered Roof-Top Terrace! Elevator Capability! Back yard with room for a Pool, Detached Two Car Garage with an additional 322 sq. ft. of Finished Quarters! Stunning Home!! There is an exceptional home with many Living and Entertaining Spaces, there is nothing like this in the Area! Call for Plans and Specs. Still time to make selections. The manager has listed the unit size as 4311 square feet.
| |||
Property Highlights
Elevator
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Carport
Has Open Parking
Parking Features: Driveway, Garage Door Opener, Attached Carport, Automatic Gate, Attached/Detached Garage, Auto Driveway Gate, Porte-Cochere
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 4
Interior Features: Crown Molding, Elevator, High Ceilings, Vaulted Ceiling(s), Wet Bar, Wired for Sound, Formal Entry/Foyer, All Bedrooms Up, En-Suite Bath, Sitting Area, Walk-In Closet(s)
Appliances: Water Heater, Disposal, Refrigerator, Water Softener, Wine Refrigerator, Convection Oven, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer Included, Washer Included
Flooring Type: Tile, Wood, Vinyl Plank
Door Features: Insulated Doors
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Has Fireplace
Fireplace Features: Outside, Gas, Gas Log
Fireplaces: 2
Exterior Details
Square Footage: 4350
Architectural Style: Contemporary
Year Built: 2018
Building Area Total: 4350
Other Structures: Detached Gar Apt /Quarters
Window Features: Window Coverings, Insulated/Low-E windows
Construction Materials: Stucco
Patio and Porch Features: Covered, Patio
Pool Features: Gunite, Heated, In Ground, Salt Water
Pool is Private
Lot Features: Subdivided, 0 Up To 1/4 Acre
Lot Size Area: 0.1435
Lot Size Units: Acres
Lot Size Acres: 0.1435
Lot Size Square Feet: 6250
Water Source: Public
Financial Details
Tax Annual Amount: $42,300
Utilities Details
Cooling Type: Ceiling Fan(s), Electric, Zoned
Heating Type: Natural Gas, Zoned
Sewer : Public Sewer
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 Central Houston
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Listed by: Walter Bering, Martha Turner Sotheby's International Realty
Last Updated: 2 days ago
Data Source: HAR , MLS# 42683231
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Last Updated: 2 days ago
Data Source: HAR , MLS# 42683231
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