$1,750,000 Last Listed Price
●
House -
Off Market
1615 Lynnview Drive
Houston, TX 77055
5 Beds
4 Baths,
1
Half Bath
5,437 Ft²
$2,340,087
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model
About This Property
This beautiful property sits on a 13,200 foot lot just 2 exits west
of the loop in the wonderful Monarch Oaks subdivision with sidewalk
lined streets and shaded by mature oaks and pines. It is zoned to
some of Spring Branch ISD's finest schools including Valley Oaks
Elementary 1 street to the west and Memorial High School. The
home boasts a grand circular staircase upon entry into the foyer
with a gorgeous study up at the stair landing offering plenty of
soft morning light. The foyer opens up to a wall of windows in the
great room providing ample light all day. Tree top views make for a
beautiful spring and fall. Other exterior features of this
home include a sprinkler system, gutters, summer kitchen and
spacious back yard awaiting your pool designs. Interior of
the home provides 4 bedrooms up stairs with 3 ensuite full baths.
Upstairs game and media room are wonderful for entertaining guests.
Kitchen offers Subzero and Wolf appliances with high end
finishes throughout the home.
Unit Size
5,437 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$322
Property Type
House
Property Taxes
$3,822
HOA Dues
-
Year Built
2016
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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 #94620982)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2020 | Sold | ||
| Sold | |||
| Aug 5, 2020 | Listed by Coldwell Banker Realty | $1,750,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
This beautiful property sits on a 13,200 foot lot just 2 exits west of the loop in the wonderful Monarch Oaks subdivision with sidewalk lined streets and shaded by mature oaks and pines. It is zoned to some of Spring Branch ISD's finest schools including Valley Oaks Elementary 1 street to the west and Memorial High School. The home boasts a grand circular staircase upon entry into the foyer with a gorgeous study up at the stair landing offering plenty of soft morning light. The foyer opens up to a wall of windows in the great room providing ample light all day. Tree top views make for a beautiful spring and fall. Other exterior features of this home include a sprinkler system, gutters, summer kitchen and spacious back yard awaiting your pool designs. Interior of the home provides 4 bedrooms up stairs with 3 ensuite full baths. Upstairs game and media room are wonderful for entertaining guests. Kitchen offers Subzero and Wolf appliances with high end finishes throughout the home.
| |||
Property Highlights
Fireplace
Garage
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 Northwest Houston
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Listed by: Phillip Vaughn, Coldwell Banker Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 94620982
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Last Updated: 4 months ago
Data Source: HAR , MLS# 94620982
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