$277,000 Last Listed Price
●
House -
Off Market
16403 Mahan Road
Houston, TX 77068
3 Beds
3 Baths
2,944 Ft²
$311,750
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
Beautiful Mid Century Modern Home, spacious and well maintained on
a corner lot surrounding by (7) beautiful mature pecan trees over
100 years old per seller and well manicure yard. This home has an
open concept with vaulted ceilings, a huge kitchen with galore
cabinets, counter tops, bar sitting and a tandem chef pantry. The
game room has a wet bar and plenty of room for a pool table.
The extra room or den has a wood burning fireplace which is
also attached the game room. The home has not flooded nor in
a flood zone per seller. The backyard has a shed, drive-thru gate
and a limestone pad to park your boat or trailers on.
Sprinkler system, gutters and oversized garage. There
is no HOA, no MUD and low taxes. If you choose trash service
thru Bammel Forest Civic Club, it is $40 a month or choose your own
company. NO MUD taxes;
Unit Size
2,944 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$94
Property Type
House
Property Taxes
$350
HOA Dues
$5
Year Built
1960
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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: 5 months ago (HAR #26437285)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 26, 2021 | Sold | ||
| Sold | |||
| Sep 24, 2021 | Listed by Coldwell Banker Realty | $277,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Beautiful Mid Century Modern Home, spacious and well maintained on a corner lot surrounding by (7) beautiful mature pecan trees over 100 years old per seller and well manicure yard. This home has an open concept with vaulted ceilings, a huge kitchen with galore cabinets, counter tops, bar sitting and a tandem chef pantry. The game room has a wet bar and plenty of room for a pool table. The extra room or den has a wood burning fireplace which is also attached the game room. The home has not flooded nor in a flood zone per seller. The backyard has a shed, drive-thru gate and a limestone pad to park your boat or trailers on. Sprinkler system, gutters and oversized garage. There is no HOA, no MUD and low taxes. If you choose trash service thru Bammel Forest Civic Club, it is $40 a month or choose your own company. NO MUD taxes;
| |||
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 Bammel Forest
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Currently no similar homes aroundNearby Rentals
Listed by: Tammy Longdon, Coldwell Banker Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 26437285
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Last Updated: 5 months ago
Data Source: HAR , MLS# 26437285
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