35
Map
Video Tour
$990,000 Last Listed Price
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House -
Off Market
20322 Kentucky Trace
Hockley, TX 77447
4 Beds
4 Baths,
1
Half Bath
4,035 Ft²
$1,003,567
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
Incredible opportunity to own +/- 7 Acres 40 minutes from downtown
Houston in Hockley TX near Houston Oaks Country Club. This Georgia
mansion with fully built out Barndominium, salt water pool, and
wooded atmosphere is a rare find. Both main residence and
Barndominium have had many updates including brand new balcony
build out off second floor, all new carpet, fresh paint throughout,
all new electrical outlets, lights, and fans, refaced cabinetry,
and new appliances. New mechanicals include ridge vents, new HVAC
dual zoned A/C system, (both in main residence & Barndominium)
recent hot water heaters, and brand new roof on Barndominium. The
entire property has new fencing and new gates, and even includes
the newly built chicken coop. Horses are allowed. Property would
make not only an incredible estate with guest house, or a home with
separate income producing property. All located in one of the most
prestigious areas of the county and zoned to the #3 Elementary
School in the State.
Unit Size
4,035 Ft²
Days on Market
-
Land Size
7.00 acres
Price per sqft
$245
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
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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 #96524150)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 20, 2022 | Sold | ||
| Sold | |||
| Dec 4, 2021 | Listed by Compass RE Texas, LLC | $990,000 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
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Incredible opportunity to own +/- 7 Acres 40 minutes from downtown Houston in Hockley TX near Houston Oaks Country Club. This Georgia mansion with fully built out Barndominium, salt water pool, and wooded atmosphere is a rare find. Both main residence and Barndominium have had many updates including brand new balcony build out off second floor, all new carpet, fresh paint throughout, all new electrical outlets, lights, and fans, refaced cabinetry, and new appliances. New mechanicals include ridge vents, new HVAC dual zoned A/C system, (both in main residence & Barndominium) recent hot water heaters, and brand new roof on Barndominium. The entire property has new fencing and new gates, and even includes the newly built chicken coop. Horses are allowed. Property would make not only an incredible estate with guest house, or a home with separate income producing property. All located in one of the most prestigious areas of the county and zoned to the #3 Elementary School in the State.
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Village of New Kentucky
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Listed by: Alison Sewell, Compass RE Texas, LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 96524150
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Last Updated: 4 months ago
Data Source: HAR , MLS# 96524150
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