$835,000 Last Listed Price
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House -
Off Market
232 W 24th Street
Houston, TX 77008
2 Beds
1 Bath
$863,317
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
232 W. 24th St...a terrific opportunity for new construction in the
Heights on an oversized prime 9,825 sf lot (per HCAD). Not located
in a historic district. Alley access as well along with 2 driveway
aprons from the street. Curbed and guttered street with sidewalks.
2 bedroom/1 bath cottage in back being conveyed in its present
condition. Close to Heights area shops, restaurants, trails and
entertainment with a convenient location to downtown.
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,235
HOA Dues
-
Year Built
1925
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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 #48200633)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 20, 2024 | Sold | ||
| Sold | |||
| Jan 15, 2024 | In contract | - | |
| In contract | |||
| Nov 21, 2023 | Listed by Manor, LLC | $925,000 | |
| Listed by Manor, LLC | |||
| | |||
|
Beautiful new construction in the highly sought after Houston Heights. This home is great for entertaining with an open floor plan, 12 foot ceilings, large kitchen island open to the dining room, grand living room open to a 12x20 covered patio and a 25x24 backyard. The second floor features a spacious game room with sliding doors the lead to a large terrace. The master bedroom has cathedral ceilings and a large ensuite bathroom and master closet. A home office is located on the first floor.
| |||
| Aug 31, 2022 | Sold | ||
| Sold | |||
| Jul 5, 2022 | Listed by Greenwood King Properties | $835,000 | |
| Listed by Greenwood King Properties | |||
| | |||
|
232 W. 24th St…a terrific opportunity for new construction in the Heights on an oversized prime 9,825 sf lot (per HCAD). Not located in a historic district. Alley access as well along with 2 driveway aprons from the street. Curbed and guttered street with sidewalks. 2 bedroom/1 bath cottage in back being conveyed in its present condition. Close to Heights area shops, restaurants, trails and entertainment with a convenient location to downtown.
| |||
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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 Central Houston
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Listed by: Amanda Anhorn, Greenwood King Properties
Last Updated: 5 months ago
Data Source: HAR , MLS# 48200633
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Last Updated: 5 months ago
Data Source: HAR , MLS# 48200633
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