$480,000 Last Listed Price
●
House -
Off Market
1993 Highland Meadows Drive
Pearland, TX 77089
4 Beds
3 Baths,
1
Half Bath
3,851 Ft²
$499,219
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model
About This Property
PRICED TO SELL LAKE LOT! Stunning home that backs to a gorgeous
pond in the sought-after Riverstone Ranch community! Upon arrival
find a low maintenance lawn w/ fresh landscaping, 2 car garage & a
cozy covered front porch. Inside you are welcomed by an open floor
plan layout featuring soaring ceilings, & an abundance of natural
light throughout. An open formal living & dining room leads to the
butlers' pantry into the eat-in kitchen w/ granite counters, SS
appliances, gas cooktop, ample storage, large island, & opens to
the great room that includes a wall of windows, fireplace, separate
study nook, & a half bath. The 1st lvl primary bedroom includes bay
windows, & an en-suite bath w/ a sizable walk-in closet. Upstairs
find a game room, media room, a finished attic space perfect for
storage or office, & 1 bedroom w/ an en-suite bath & 2 adl bedrooms
that share a full bath. Lastly, check out the expansive covered
patio, pond views, & all the space you need for outdoor fun &
entertaining.
Unit Size
3,851 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$125
Property Type
House
Property Taxes
$1,308
HOA Dues
$69
Year Built
2019
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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 #41614960)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2022 | Sold | ||
| Sold | |||
| Jul 29, 2022 | Listed by Redfin Corporation | $480,000 | |
| Listed by Redfin Corporation | |||
| | |||
|
PRICED TO SELL LAKE LOT! Stunning home that backs to a gorgeous pond in the sought-after Riverstone Ranch community! Upon arrival find a low maintenance lawn w/ fresh landscaping, 2 car garage & a cozy covered front porch. Inside you are welcomed by an open floor plan layout featuring soaring ceilings, & an abundance of natural light throughout. An open formal living & dining room leads to the butlers' pantry into the eat-in kitchen w/ granite counters, SS appliances, gas cooktop, ample storage, large island, & opens to the great room that includes a wall of windows, fireplace, separate study nook, & a half bath. The 1st lvl primary bedroom includes bay windows, & an en-suite bath w/ a sizable walk-in closet. Upstairs find a game room, media room, a finished attic space perfect for storage or office, & 1 bedroom w/ an en-suite bath & 2 adl bedrooms that share a full bath. Lastly, check out the expansive covered patio, pond views, & all the space you need for outdoor fun & entertaining.
| |||
Property Highlights
Fireplace
Garage
With View
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 Southbelt - Ellington
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Listed by: Faith Floyd, Redfin Corporation
Last Updated: 5 months ago
Data Source: HAR , MLS# 41614960
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Last Updated: 5 months ago
Data Source: HAR , MLS# 41614960
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