$585,000 Last Listed Price
●
House -
Off Market
2019 Corral Drive
Houston, TX 77090
5 Beds
4 Baths,
3
Half Baths
5,306 Ft²
$3,508
Est. Monthly
$40
HOA / Fees
About This Property
This stunning estate is the oasis your family has dreamed about and
sits on an oversized lot on a quiet cul-de-sac w/ ample room to run
& play along w/ an in ground swimming pool and a 1 bedroom,
separate "casita". The main home is huge and boasts 5 bedrooms, 3
full bathrooms and 3 half bathrooms. Inside you will find reclaimed
antique oak hardwood floors throughout the living, dining & kitchen
areas; a wet bar, a library, a recently remodeled game room & dry
bar (2nd floor) and a stunning vaulted living room complete w/ two
story fireplace. The separate "casita" offers 2 rooms and a half
bathroom that would be the perfect home office, guest overflow or
multigenerational living quarters. This magnificent estate has been
the epicenter of many neighborhood parties and kid events with good
reason. Make plans to come see this grand Ponderosa Forest home
before it's too late. Home has never flooded, per Seller.
Unit Size
5,306 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$110
Property Type
House
Property Taxes
$595
HOA Dues
$40
Year Built
1973
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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 #81474255)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| Apr 10, 2024 | In contract | - | |
| In contract | |||
| Feb 27, 2024 | Listed by Elite Texas Properties | $585,000 | |
| Listed by Elite Texas Properties | |||
| | |||
|
This stunning estate is the oasis your family has dreamed about and sits on an oversized lot on a quiet cul-de-sac w/ ample room to run & play along w/ an in ground swimming pool and a 1 bedroom, separate "casita". The main home is huge and boasts 5 bedrooms, 3 full bathrooms and 3 half bathrooms. Inside you will find reclaimed antique oak hardwood floors throughout the living, dining & kitchen areas; a wet bar, a library, a recently remodeled game room & dry bar (2nd floor) and a stunning vaulted living room complete w/ two story fireplace. The separate "casita" offers 2 rooms and a half bathroom that would be the perfect home office, guest overflow or multigenerational living quarters. This magnificent estate has been the epicenter of many neighborhood parties and kid events with good reason. Make plans to come see this grand Ponderosa Forest home before it's too late. Home has never flooded, per Seller.
| |||
| Feb 20, 2024 | No longer available | - | |
| No longer available | |||
| Jan 13, 2024 | Relisted | $589,000 | |
| Relisted | |||
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Property Highlights
Fireplace
Garage
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 Ponderosa Forest
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Listed by: Wendy Wight, Elite Texas Properties
Last Updated: 4 months ago
Data Source: HAR , MLS# 81474255
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Last Updated: 4 months ago
Data Source: HAR , MLS# 81474255
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