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1534 Glourie Drive
About This Property
Recent improvements include a pool and spa, along with a covered patio equipped with solar screens for year-round outdoor enjoyment. Situated on a generous corner lot with additional parking, ideal for guests.
Additional features include a whole-home generator. Zoned to Valley Oaks Elementary and Memorial High School (buyer to verify school attendance and any transfer options with Spring Branch ISD).
Conveniently located with easy access to CityCentre, the Galleria, the Energy Corridor, and Downtown.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 19, 2026 | Sold | ||
| Sold | |||
| Jan 19, 2026 | In contract | - | |
| In contract | |||
| Jan 14, 2026 | Listed by Compass RE Texas, LLC - Houston | $1,100,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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About Northwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017