$2,795,000 Last Listed Price
●
House -
Off Market
18 Saddlebrook Lane
Houston, TX 77024
4 Beds
4 Baths,
1
Half Bath
4,778 Ft²
$17,150
Est. Monthly
$583
HOA / Fees
About This Property
Nestled under the majestic pine trees, this beautiful home is
situated on just shy of an acre in the coveted Saddlebrook guard
gated subdivision in Close-In Memorial. This one owner property has
been lovingly maintained with timely updates through the years,
including elevator and whole home generator, all new plumbing under
the house(2017-2018) and new roof(2016). The condition of this
architecturally designed masterpiece surpasses new construction.
Entry is warm and inviting with cozy sitting area in front of the
double sided fireplace and adjacent wet bar. Spacious living room
and elegant dining room allow for large scale parties. Huge
gameroom is perfect for entertaining kids of all ages. Primary
bedroom suite offers sitting area and fabulous Hollywood worthy
bathtub. Every room offers spectacular views of the gorgeous lot
with mature trees and lush landscaping. Three car garage with
additional parking pad. An extraordinary opportunity for an
exceptional home in sought after SBISD.
Unit Size
4,778 Ft²
Days on Market
-
Land Size
0.89 acres
Price per sqft
$585
Property Type
House
Property Taxes
$2,843
HOA Dues
$583
Year Built
1975
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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 #20751312)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 16, 2024 | Sold | ||
| Sold | |||
| May 26, 2024 | In contract | - | |
| In contract | |||
| Mar 11, 2024 | Listed by Martha Turner Sotheby's International Realty | $2,795,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| | |||
|
Nestled under the majestic pine trees, this beautiful home is situated on just shy of an acre in the coveted Saddlebrook guard gated subdivision in Close-In Memorial. This one owner property has been lovingly maintained with timely updates through the years, including elevator and whole home generator, all new plumbing under the house(2017-2018) and new roof(2016). The condition of this architecturally designed masterpiece surpasses new construction. Entry is warm and inviting with cozy sitting area in front of the double sided fireplace and adjacent wet bar. Spacious living room and elegant dining room allow for large scale parties. Huge gameroom is perfect for entertaining kids of all ages. Primary bedroom suite offers sitting area and fabulous Hollywood worthy bathtub. Every room offers spectacular views of the gorgeous lot with mature trees and lush landscaping. Three car garage with additional parking pad. An extraordinary opportunity for an exceptional home in sought after SBISD.
| |||
Property Highlights
Elevator
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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 Westside
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Listed by: Ann Singleton, Martha Turner Sotheby's International Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 20751312
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Last Updated: 5 months ago
Data Source: HAR , MLS# 20751312
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