24
Map
1931 Bissonnet Street
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 15, 2026 | In contract | - | |
| In contract | |||
| Jul 7, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 6, 2026 | Listed by Martha Turner Sotheby's International Realty | $775,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| May 30, 2026 | Listed by Martha Turner Sotheby's International Realty | $790,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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This charming traditional 3 bedroom/2 bath home is an ideal "entry level" home into desirable Southampton Place. The benefit of the Bissonnet location is that the front yard is fully gated, which allows for more useage of the total lot area. The back alley provides ease in access to the property and additional parking space. Whereas the current home is certainly "liveable", the 6,600 sq. ft. lot (per HCAD) would make a great building site. The existing home could also be a nice rental property while drafting architectural plans and obtaining bids for new construction. There is other new construction in the area. Wonderful location near area restaurants (across the street from Picnic!), museums, the Rice Village, and Rice University. Great opportunity to live in now and build later!
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| May 12, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017