$475,000 Last Listed Price
●
House -
Off Market
15242 Garrett Road
Houston, TX 77044
4 Beds
4 Baths,
1
Half Bath
3,230 Ft²
$503,921
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model
About This Property
*UNIQUE OPPORTUNITY/LOCATION* House sits on fully fenced 2.5 acres,
automatic gate at the front of the driveway leading into an
oversized detached 2 gar garage with built in utility shelving and
office space. House contains built in shelves/closets in every
bedroom and den. Massive living room opens into formal dining room,
kitchen and breakfast area. Newly placed laminate flooring
throughout house along with renovations to the bathrooms and living
room. Master bedroom opens into skylit back porch with jacuzzi,
cabana and sun room. Newly renovated cosmetology studio also
detached from house. Refrigerator, washer and dryer also included.
No Restrictions/ No Flooding. Contact Agent to view today!
Unit Size
3,230 Ft²
Days on Market
-
Land Size
2.50 acres
Price per sqft
$147
Property Type
House
Property Taxes
$1,568
HOA Dues
-
Year Built
1978
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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: 4 months ago (HAR #80013353)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 8, 2024 | No longer available | - | |
| No longer available | |||
| Sep 27, 2024 | Listed by Worth Clark Realty | $3,000,000 | |
| Listed by Worth Clark Realty | |||
| | |||
|
Commercial listing *** Unique investment/business opportunity of nearly 13 acres of land with Garrett Rd Boat and RV Storage business in place with the sale of this property. 9,000 sqft industrial workshop in center of property, 200+- units in place and currently being leased. All financials and transaction history of the business can be shared upon request. Photos coming soon!
| |||
| Dec 2, 2022 | Sold | ||
| Sold | |||
| Sep 6, 2022 | Listed by Krueger Real Estate | $475,000 | |
| Listed by Krueger Real Estate | |||
| | |||
|
*UNIQUE OPPORTUNITY/LOCATION* House sits on fully fenced 2.5 acres, automatic gate at the front of the driveway leading into an oversized detached 2 gar garage with built in utility shelving and office space. House contains built in shelves/closets in every bedroom and den. Massive living room opens into formal dining room, kitchen and breakfast area. Newly placed laminate flooring throughout house along with renovations to the bathrooms and living room. Master bedroom opens into skylit back porch with jacuzzi, cabana and sun room. Newly renovated cosmetology studio also detached from house. Refrigerator, washer and dryer also included. No Restrictions/ No Flooding. Contact Agent to view today!
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
Beds
Baths
ft²
Price/ft²
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About Harris
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Listed by: Joshua Oyler, Krueger Real Estate
Last Updated: 4 months ago
Data Source: HAR , MLS# 80013353
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Last Updated: 4 months ago
Data Source: HAR , MLS# 80013353
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