$766,000 Last Listed Price
●
House -
Off Market
2304 Mason Street
Houston, TX 77006
3 Beds
3 Baths
3,648 Ft²
$761,709
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model
About This Property
***AMAZING OPPORTUNITY***This Victorian style home is perfect for
your residence or place of business.
The First floor invites you with a spacious foyer, large living room or open business/office area with high ceiling and stained-glass windows. Each room is full of natural light, and some have wooden built-ins. Kitchen provides a spacious walk-in pantry. Additional room in the back of the property with separate entrance and wall AC unit. Property also offers a loft space with a separate entrance, which includes a full bath and kitchen with high ceiling and natural light.
The property was gutted to studs. The electrical wiring, plumbing and Central A/C have been replaced.
This property makes a great Investment for whomever is interested in commercial or residential use as it has potential for separated office layout or separated housing opportunity. Minutes away from the new Montrose collective and very close to many great restaurants and coffee shops.
The First floor invites you with a spacious foyer, large living room or open business/office area with high ceiling and stained-glass windows. Each room is full of natural light, and some have wooden built-ins. Kitchen provides a spacious walk-in pantry. Additional room in the back of the property with separate entrance and wall AC unit. Property also offers a loft space with a separate entrance, which includes a full bath and kitchen with high ceiling and natural light.
The property was gutted to studs. The electrical wiring, plumbing and Central A/C have been replaced.
This property makes a great Investment for whomever is interested in commercial or residential use as it has potential for separated office layout or separated housing opportunity. Minutes away from the new Montrose collective and very close to many great restaurants and coffee shops.
Unit Size
3,648 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$210
Property Type
House
Property Taxes
$1,248
HOA Dues
-
Year Built
1920
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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 #5554373)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 31, 2023 | Sold | ||
| Sold | |||
| Jun 18, 2023 | Listed by Texas United Realty | $766,000 | |
| Listed by Texas United Realty | |||
| | |||
|
***AMAZING OPPORTUNITY***This Victorian style home is perfect for your residence or place of business.
The First floor invites you with a spacious foyer, large living room or open business/office area with high ceiling and stained-glass windows. Each room is full of natural light, and some have wooden built-ins. Kitchen provides a spacious walk-in pantry. Additional room in the back of the property with separate entrance and wall AC unit. Property also offers a loft space with a separate entrance, which includes a full bath and kitchen with high ceiling and natural light.
The property was gutted to studs. The electrical wiring, plumbing and Central A/C have been replaced.
This property makes a great Investment for whomever is interested in commercial or residential use as it has potential for separated office layout or separated housing opportunity. Minutes away from the new Montrose collective and very close to many great restaurants and coffee shops.
| |||
| Mar 4, 2022 | Sold | ||
| Sold | |||
| Aug 5, 2021 | Listed by HomeSmart Fine Properties | $690,000 | |
| Listed by HomeSmart Fine Properties | |||
| | |||
|
Victorian painted lady charmer gutted to studs approx. 2000 & Rewired/replumbed. Inviting front porch, large entry foyer, Open living & dining space w/ stained glass windows, transoms, high ceilings. Large built-ins in some bedrooms and hallway. Sunroom off the main bedroom. A huge extra room could be a game room. Eat-in kitchen (two fridges included!), oversized laundry room w/ full bath. Expansive upstairs apt. leased M-T-M w/ separate entrance @ $1285 a month, also accessible from the downstairs extra room if required. This could be a potential gigantic main suite. Mostly wide plank original wood floors on the first level. A very walkable area close to many restaurants. Downtown views. Unrestricted. Might also make a great office suite.
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Negar Nikouei, Texas United Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 5554373
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Last Updated: 5 months ago
Data Source: HAR , MLS# 5554373
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