$750,000 Last Listed Price
●
House -
Off Market
2039 Latexo Drive
Houston, TX 77018
3 Beds
3 Baths
2,482 Ft²
$826,279
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model
About This Property
Showings begin at Open House on Saturday, 11/20/21, from 1:00 to
4:00. Fantastic opportunity to own a 3 Bedroom, 3 Bath Mid-Century
Ranch home in Oak Forest on a 13,054/ SF corner lot. Roof in 2019*.
Heated pool with sun-shelf and hot tub, summer kitchen/cabana with
sink and direct gas connection for a grill in 2020* Fresh paint
throughout the interior of the house in 2021*. Living Room and
Dining Room expanded, Primary Suite added and all windows replaced
in 2014*. Primary Bedroom has access to landscaped patio, pool and
summer kitchen through double glass doors. Driveway w/custom
wrought iron gate leads to an attached 2-car garage w/insulated
garage door and utility sink. Separate landscaped patio area
w/synthetic turf accessed through double glass doors in the Living
Room. Custom built storage shed in spacious backyard. All window
coverings and appliances, excluding the wine cooler to remain with
the home. Owner's mother is a licensed Realtor in the State of TX.
*per Seller
Unit Size
2,482 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$302
Property Type
House
Property Taxes
$968
HOA Dues
-
Year Built
1958
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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 #38781689)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 27, 2021 | Sold | ||
| Sold | |||
| Nov 18, 2021 | Listed by Martha Turner Sotheby's | $750,000 | |
| Listed by Martha Turner Sotheby's | |||
| | |||
|
Showings begin at Open House on Saturday, 11/20/21, from 1:00 to 4:00. Fantastic opportunity to own a 3 Bedroom, 3 Bath Mid-Century Ranch home in Oak Forest on a 13,054/ SF corner lot. Roof in 2019*. Heated pool with sun-shelf and hot tub, summer kitchen/cabana with sink and direct gas connection for a grill in 2020* Fresh paint throughout the interior of the house in 2021*. Living Room and Dining Room expanded, Primary Suite added and all windows replaced in 2014*. Primary Bedroom has access to landscaped patio, pool and summer kitchen through double glass doors. Driveway w/custom wrought iron gate leads to an attached 2-car garage w/insulated garage door and utility sink. Separate landscaped patio area w/synthetic turf accessed through double glass doors in the Living Room. Custom built storage shed in spacious backyard. All window coverings and appliances, excluding the wine cooler to remain with the home. Owner’s mother is a licensed Realtor in the State of TX. *per Seller
| |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About North Houston
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Listed by: Mary Henderson, Martha Turner Sotheby's
Last Updated: 5 months ago
Data Source: HAR , MLS# 38781689
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Last Updated: 5 months ago
Data Source: HAR , MLS# 38781689
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