$535,000 Last Listed Price
●
House -
Off Market
1526 Wakefield Drive
Houston, TX 77018
2 Beds
1 Bath
1,448 Ft²
$3,476
Est. Monthly
About This Property
MULTIPLE OFFERS RECEIVED, SELLER IS ASKING FOR HIGHEST AND BEST
OFFERS BY 1/31/24 AT 5PM.
Welcome to a fantastic opportunity to secure a property with immense potential! Nestled on a generous oversized lot spanning 7,381 square feet (per HCAD), this property provides a canvas for your vision. Zoned to Oak Forest Elementary and situated in the highly sough out section 2 of Oak Forest, this lot is close to amenities, schools, and parks. Imagine the possibilities and envision your dream home coming to life on this expansive lot. Don't miss out on this rare chance to secure a property with such vast potential.
Welcome to a fantastic opportunity to secure a property with immense potential! Nestled on a generous oversized lot spanning 7,381 square feet (per HCAD), this property provides a canvas for your vision. Zoned to Oak Forest Elementary and situated in the highly sough out section 2 of Oak Forest, this lot is close to amenities, schools, and parks. Imagine the possibilities and envision your dream home coming to life on this expansive lot. Don't miss out on this rare chance to secure a property with such vast potential.
Unit Size
1,448 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$369
Property Type
House
Property Taxes
$848
HOA Dues
-
Year Built
1949
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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 #69011216)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 16, 2026 | Sold | ||
| Sold | |||
| Dec 8, 2025 | In contract | - | |
| In contract | |||
| Nov 15, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 14, 2025 | Listed by Martini & Co. Real Estate Advisors | $1,999,000 | |
| Listed by Martini & Co. Real Estate Advisors | |||
   | |||
|
Discover elevated living in this 5,125 sq ft Sade Custom Home in Oak Forest, blending timeless design with modern luxuries. This residence offers 6 bedrooms with en-suite baths and 2 half baths, including guest suites with vaulted ceilings. The chef’s kitchen features a Thermador appliance package, complemented by a glass enclosed wine room and formal dining. A spacious game room, oversized guest suite, and open concept living areas with soaring ceilings create space for relaxation and entertaining. Natural light fills the interiors, while a Savant home automation system enhances convenience. Outdoors, enjoy a covered patio with grill, yard with pool potential, and thoughtfully designed irrigation and landscape lighting. A portecochère adds elegance and function. Every detail, from the curated finishes to the seamless indoor outdoor flow, is designed for comfort, style, and effortless entertaining.
| |||
| Nov 5, 2025 | Price Decreased |
$1,999,000
↓ $101K
(4.8%) | |
| Price Decreased | |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About North Houston
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Listed by: Christopher Kersey, The Reyna Group
Last Updated: 5 months ago
Data Source: HAR , MLS# 69011216
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Last Updated: 5 months ago
Data Source: HAR , MLS# 69011216
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