$799,900 Last Listed Price
●
Land -
Off Market
2247 University Boulevard
Houston, TX 77030
Studio
0 Bath
$794,911
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
Centrally located in the coveted and quaint Southgate neighborhood,
this lot is truly a rare find! Don't wait to secure this wonderful
and unique opportunity to have your beautiful new custom home built
upon this picturesque property in a great location. The adjacent
lot ( 0 University MLS #94452305) is also available if you would
like to potentially combine both properties into one huge lot.There
are mature native oak trees that provide welcoming shade as well as
stately curb appeal for your new home.Ideally located in the highly
sought-after Southgate neighborhood, this prime property is
literally a few steps away from Rice University, Rice Village, and
just minutes from the Texas Medical Center, the Museum District,
and Downtown.
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
Land
Property Taxes
$1,082
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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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 #46505745)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 12, 2023 | Sold | ||
| Sold | |||
| Jul 27, 2023 | Listed by Greenwood King Properties | $799,900 | |
| Listed by Greenwood King Properties | |||
| | |||
|
Centrally located in the coveted and quaint Southgate neighborhood, this lot is truly a rare find! Don't wait to secure this wonderful and unique opportunity to have your beautiful new custom home built upon this picturesque property in a great location. The adjacent lot ( 0 University MLS #94452305) is also available if you would like to potentially combine both properties into one huge lot.There are mature native oak trees that provide welcoming shade as well as stately curb appeal for your new home.Ideally located in the highly sought-after Southgate neighborhood, this prime property is literally a few steps away from Rice University, Rice Village, and just minutes from the Texas Medical Center, the Museum District, and Downtown.
| |||
Property Highlights
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 South Central Houston
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Listed by: Tony Droubi, Greenwood King Properties
Last Updated: 5 months ago
Data Source: HAR , MLS# 46505745
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Last Updated: 5 months ago
Data Source: HAR , MLS# 46505745
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