$949,500 Last Listed Price
●
House -
Off Market
1605 & 1607 Roy Street
Houston, TX 77007
Studio
0 Bath
1,332 Ft²
$960,507
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model
About This Property
RARE OPPORTUNITY to purchase an OVERSIZED CORNER lot in the sought
after RICE MILITARY/WASHINGTON CORRIDOR AREA!! Just a few
minutes to Memorial Park, Downtown, Galleria and Medical Center and
the lively Washington Corridor! EZ access to Houston's Premier
Shopping, Restaurants and Entertainment! There is no sign on the
property, drive by only, please do not walk on the property.
Do not disturb the tenants. Property sold for lot value
only.
Unit Size
1,332 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$713
Property Type
House
Property Taxes
$1,079
HOA Dues
-
Year Built
1930
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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 #11407683)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 27, 2026 | Sold | ||
| Sold | |||
| Jan 24, 2026 | In contract | - | |
| In contract | |||
| Dec 11, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Dec 11, 2025 | Listed by Joan House Properties, Inc. | $650,000 | |
| Listed by Joan House Properties, Inc. | |||
   | |||
|
BRAND New Single Family Home * South of I-10 * 3 Bedrooms and 3 and 1/2 Bathrooms PLUS a Study * PRIVATE Driveway * Front AND Side Yard with Iron Fence * REAL Hardwood Floors * Downstairs has a Bedroom & En-Suite Bathroom with Porcelain Tile Floors * NO Hoa Fees * NOT in Any Flood Zone Areas * EXTRA Windows with LOTS of Natural Light * Gallery Wall on the Second Floor * OPEN Floor Plan * HUGE Marble Island with Seating * Designer Pendant Lighting Above the Island * Kitchen has Marble Counters and Marble Backsplash with Under Cabinet Lighting * Study is on the Second Floor with Glass French Doors * HIGH Ceilings * Primary Bedroom is on the Third Floor with Spacious Walk In Closet * Another Secondary Bedroom and En-Suite Bathroom and Utility Room Are On the Third Floor * Primary Bathroom has Double Sinks, Separate Soaking Tub, Private Water Closet and a Separate Frameless Shower with Bench Seating * NO Carpet in this Home * 2457 SQUARE Feet * Close to Freeways, Downtown an Memorial Park.
| |||
| Sep 17, 2025 | Listed by Joan House Properties, Inc. | $650,000 | |
| Listed by Joan House Properties, Inc. | |||
| | |||
|
BRAND New Single Family Home * South of I-10 * 3 Bedrooms and 3 and 1/2 Bathrooms PLUS a Study * PRIVATE Driveway * Front AND Side Yard with Iron Fence * REAL Hardwood Floors * Downstairs has a Bedroom & En-Suite Bathroom with Porcelain Tile Floors * NO Hoa Fees * NOT in Any Flood Zone Areas * EXTRA Windows with LOTS of Natural Light * Gallery Wall on the Second Floor * OPEN Floor Plan * HUGE Marble Island with Seating * Designer Pendant Lighting Above the Island * Kitchen has Marble Counters and Marble Backsplash with Under Cabinet Lighting * Study is on the Second Floor with Glass French Doors * HIGH Ceilings * Primary Bedroom is on the Third Floor with Spacious Walk In Closet * Another Secondary Bedroom and En-Suite Bathroom and Utility Room Are On the Third Floor * Primary Bathroom has Double Sinks, Separate Soaking Tub, Private Water Closet and a Separate Frameless Shower with Bench Seating * NO Carpet in this Home * 2457 SQUARE Feet * Close to Freeways, Downtown an Memorial Park.
| |||
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Listed by: Mary Anne Szymanski, BHGRE Gary Greene
Last Updated: 4 months ago
Data Source: HAR , MLS# 11407683
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Last Updated: 4 months ago
Data Source: HAR , MLS# 11407683
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