$468,000 Last Listed Price
●
House -
Off Market
16818 Paynes Creek Drive
Cypress, TX 77433
3 Beds
2 Baths
2,250 Ft²
$3,360
Est. Monthly
$113
HOA / Fees
About This Property
**Seller is offering $5,000 credit to buyer w/accepted offer -
Charming, well-maintained, & beautifully updated craftsman-style
home w/water view in Bridgeland! Many updates in 2021, a few of
which include new paint, flooring, countertops, electrical &
plumbing fixtures. Both showers were updated & a stand-alone tub
installed in primary bath. New water heater 09/2023. The home has a
split floor plan, breakfast nook, home office, & flex room. The
kitchen is literally located in the "heart of the home" providing a
great space for entertaining. The large back patio & front porch
provide covered areas to enjoy the outdoors, rain or shine!
Sprinkler system w/6 zones. 2-car garage w/lots of storage.
Festival Park and Lakeland Activity Center (gym, water park, tennis
courts) are both conveniently located behind the home. Also, in
walking distance is the Lakeland Village Center with shops &
restaurants to enjoy. Schedule your showing today to see everything
this home & community have to offer!
Unit Size
2,250 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$208
Property Type
House
Property Taxes
$949
HOA Dues
$113
Year Built
2012
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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 #49121504)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 29, 2023 | Sold | ||
| Sold | |||
| Dec 16, 2023 | In contract | - | |
| In contract | |||
| Oct 12, 2023 | Listed by Better Homes and Gardens Real Estate Gary Greene - | $468,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - | |||
| | |||
|
**Seller is offering $5,000 credit to buyer w/accepted offer - Charming, well-maintained, & beautifully updated craftsman-style home w/water view in Bridgeland! Many updates in 2021, a few of which include new paint, flooring, countertops, electrical & plumbing fixtures. Both showers were updated & a stand-alone tub installed in primary bath. New water heater 09/2023. The home has a split floor plan, breakfast nook, home office, & flex room. The kitchen is literally located in the “heart of the home” providing a great space for entertaining. The large back patio & front porch provide covered areas to enjoy the outdoors, rain or shine! Sprinkler system w/6 zones. 2-car garage w/lots of storage. Festival Park and Lakeland Activity Center (gym, water park, tennis courts) are both conveniently located behind the home. Also, in walking distance is the Lakeland Village Center with shops & restaurants to enjoy. Schedule your showing today to see everything this home & community have to offer!
| |||
| May 3, 2021 | Sold | ||
| Sold | |||
| Mar 19, 2021 | Listed by BHGRE Gary Greene | $335,000 | |
| Listed by BHGRE Gary Greene | |||
| | |||
|
Welcome Home to 16818 Paynes Creek Dr. located in Lakeland Heights in Bridgeland. This beautiful David Weekly craftsman home features 3 Bedrooms, 2 full baths & a charming front porch on a lakeview lot! This immaculate home showcases crown molding, tile flooring, a formal dining area, study and bonus room. The kitchen offers granite counter tops, island, SS appliances, includes the refrigerator & is open to the living room! Enter the primary room large enough for a king size bed & much more that leads you to the en-suite featuring double sinks, walk-in shower, separate tub & large walk-in closet. Step outback to the covered porch and beautifully manicured yard. You do not want to miss out on all the many amenities Bridgeland offers and why so many people call this home! Schedule your showing today!
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Property Highlights
Garage
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Harris
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Listed by: Todd Russo, Better Homes and Gardens Real Estate Gary Greene -
Last Updated: 5 months ago
Data Source: HAR , MLS# 49121504
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Last Updated: 5 months ago
Data Source: HAR , MLS# 49121504
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