$3,400,000 Last Listed Price
●
House -
Off Market
23 Tiel Way
Houston, TX 77019
5 Beds
4 Baths,
1
Half Bath
8,430 Ft²
$21,111
Est. Monthly
$232
HOA / Fees
About This Property
Nestled within the prestigious River Oaks community, this residence
represents the epitome of luxury living. Spanning over 8,000' of
meticulously designed living space, this home sits on an expansive
17,635' lot. The interior seamlessly blends exquisite marble & rich
hardwoods, creating an ambiance of timeless elegance & design. The
double-height foyer, with its soaring ceilings, creates an
awe-inspiring entrance, seamlessly introducing the formal dining
room & the library that is interconnected to the family room,
enhancing the flow of the home's grand layout. The gourmet kitchen
is a chef's dream with a spacious Butler's pantry & elite
appliances. Head upstairs to discover 5-6 well-appointed bedrooms.
The primary suite is a true retreat with a sitting area, a lavish
en-suite bathroom, & 2 walk-in closets. Beyond the interior, the
exterior spaces are equally impressive, featuring meticulously
landscaped gardens & a serene outdoor patio. Elevator, generator,
2-car garage.
Unit Size
8,430 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$403
Property Type
House
Property Taxes
$4,184
HOA Dues
$232
Year Built
1990
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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 #41582036)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 17, 2024 | Sold | ||
| Sold | |||
| Jun 5, 2024 | In contract | - | |
| In contract | |||
| May 26, 2024 | No longer available | - | |
| No longer available | |||
| May 25, 2024 | Listed by Compass RE Texas, LLC - Houston | $3,400,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| | |||
|
Nestled within the prestigious River Oaks community, this residence represents the epitome of luxury living. Spanning over 8,000' of meticulously designed living space, this home sits on an expansive 17,635' lot. The interior seamlessly blends exquisite marble & rich hardwoods, creating an ambiance of timeless elegance & design. The double-height foyer, with its soaring ceilings, creates an awe-inspiring entrance, seamlessly introducing the formal dining room & the library that is interconnected to the family room, enhancing the flow of the home's grand layout. The gourmet kitchen is a chef's dream with a spacious Butler's pantry & elite appliances. Head upstairs to discover 5-6 well-appointed bedrooms. The primary suite is a true retreat with a sitting area, a lavish en-suite bathroom, & 2 walk-in closets. Beyond the interior, the exterior spaces are equally impressive, featuring meticulously landscaped gardens & a serene outdoor patio. Elevator, generator, 2-car garage.
| |||
| Mar 31, 2024 | Price Decreased |
$3,600,000
↓ $150K
(4%) | |
| Price Decreased | |||
Show More
Property Highlights
Elevator
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 Central Houston
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Listed by: Dee Dee Guggenheim Howes, Compass RE Texas, LLC - Houston
Last Updated: 4 months ago
Data Source: HAR , MLS# 41582036
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Last Updated: 4 months ago
Data Source: HAR , MLS# 41582036
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