$450,000 Last Listed Price
●
House -
Off Market
18203 County Road 132
Pearland, TX 77581
3 Beds
2 Baths,
2
Half Baths
2,368 Ft²
$506,454
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
Nestled in a country setting, this farmhouse plus tiny-home sits on
one acre surrounded by mature trees and plenty of green space. The
primary home offers 3 large bedrooms, 2 full bathrooms and 2 half
baths.
The 3 car garage has been converted into a workshop with a newly installed clear tempered glass garage door and picture windows to allow the natural sunlight in. The workshop includes AC and a half bath.
The property also features an additional completely renovated 2 bed 1 bath tiny-home that can be used as a guest house, mother in law suite or airbnb that is complete with a full kitchen and washer dryer. The well and septic was replaced in 2016. AC replaced in main home in 2015 and tiny-home in 2018. Come see what this unique property has to offer!
The 3 car garage has been converted into a workshop with a newly installed clear tempered glass garage door and picture windows to allow the natural sunlight in. The workshop includes AC and a half bath.
The property also features an additional completely renovated 2 bed 1 bath tiny-home that can be used as a guest house, mother in law suite or airbnb that is complete with a full kitchen and washer dryer. The well and septic was replaced in 2016. AC replaced in main home in 2015 and tiny-home in 2018. Come see what this unique property has to offer!
Unit Size
2,368 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$190
Property Type
House
Property Taxes
$316
HOA Dues
-
Year Built
1979
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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 #43954115)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 28, 2021 | Sold | ||
| Sold | |||
| Jul 28, 2021 | Listed by Krueger Real Estate | $450,000 | |
| Listed by Krueger Real Estate | |||
| | |||
|
Nestled in a country setting, this farmhouse plus tiny-home sits on one acre surrounded by mature trees and plenty of green space. The primary home offers 3 large bedrooms, 2 full bathrooms and 2 half baths.
The 3 car garage has been converted into a workshop with a newly installed clear tempered glass garage door and picture windows to allow the natural sunlight in. The workshop includes AC and a half bath.
The property also features an additional completely renovated 2 bed 1 bath tiny-home that can be used as a guest house, mother in law suite or airbnb that is complete with a full kitchen and washer dryer. The well and septic was replaced in 2016. AC replaced in main home in 2015 and tiny-home in 2018. Come see what this unique property has to offer!
| |||
Property Highlights
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 Pearland
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Listed by: James Krueger, Krueger Real Estate
Last Updated: 4 months ago
Data Source: HAR , MLS# 43954115
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Last Updated: 4 months ago
Data Source: HAR , MLS# 43954115
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