$295,000 Last Listed Price
●
House -
Off Market
2042 Louetta Reserve Way
Spring, TX 77388
4 Beds
2 Baths,
1
Half Bath
2,721 Ft²
$2,092
Est. Monthly
$42
HOA / Fees
About This Property
Well-kept home at the end of a cul-de-sac with convenient access to
I45. ***Roof was replaced in 2023*** This home has no rear
neighbors and is turn-key. As you enter, you are greeted by a
dining room with espresso-colored, vinyl plank flooring. Pass
through to the kitchen which is complete with stainless steel
appliances, island, and sizable pantry (microwave was replaced in
2023). Living room boasts high ceilings and plenty of square
footage for your favorite couch or entertainment center. Backyard
is fully fenced with a concrete patio. Primary bedroom is quite
spacious with an en-suite bath where you will find double sinks, a
walk-in shower and walk-in closet. Upstairs is finished with a
Texas-sized game room, 3 additional bedrooms, 1 bathroom, huge
storage closet, and floored attic access. Refrigerator conveys with
sale. Come see it today!
Unit Size
2,721 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$108
Property Type
House
Property Taxes
$602
HOA Dues
$42
Year Built
2015
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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 #20762662)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 23, 2024 | Sold | ||
| Sold | |||
| Jul 7, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Listed by Synergy Real Estate Professionals | $295,000 | |
| Listed by Synergy Real Estate Professionals | |||
| | |||
|
Well-kept home at the end of a cul-de-sac with convenient access to I45. ***Roof was replaced in 2023*** This home has no rear neighbors and is turn-key. As you enter, you are greeted by a dining room with espresso-colored, vinyl plank flooring. Pass through to the kitchen which is complete with stainless steel appliances, island, and sizable pantry (microwave was replaced in 2023). Living room boasts high ceilings and plenty of square footage for your favorite couch or entertainment center. Backyard is fully fenced with a concrete patio. Primary bedroom is quite spacious with an en-suite bath where you will find double sinks, a walk-in shower and walk-in closet. Upstairs is finished with a Texas-sized game room, 3 additional bedrooms, 1 bathroom, huge storage closet, and floored attic access. Refrigerator conveys with sale. Come see it today!
| |||
Property Highlights
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 Harris
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Listed by: Michael Sproba, Synergy Real Estate Professionals
Last Updated: 4 months ago
Data Source: HAR , MLS# 20762662
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Last Updated: 4 months ago
Data Source: HAR , MLS# 20762662
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