50
Map
$6,500,000
●
House -
For Sale
24 Crestwood Drive
Houston, TX 77007
5 Beds
5 Baths,
4
Half Baths
7,659 Ft²
$40,348
Est. Monthly
$458
HOA / Fees
About This Property
A sublime sanctuary offering a stylish and secure lifestyle
situated on over half an acre of fully-gated grounds within an
exclusive Memorial Park area enclave. This regal 5-Bedroom
residence combines alluring architectural elements with
resort-style amenities and exceptional entertaining
capabilities. A grand Reception Hall opens to fabulous Formals and
a paneled Study/Library. Gourmet Kitchen with informal dining area
opens to a sizable Den with iron and glass doors leading to a
veranda overlooking the park-like setting featuring a poolside
pavilion with summer kitchen, cabana bath, and a sprawling southern
lawn. Primary Suite down with fireplace, luxurious bath, and
dual-sided dressing rooms. 4 Guest Suites + Game Room up. 2
Staircases. Three-car attached Garage. Swimming Pool/Spa Installed:
2024. Roof Replaced: May 2025. The Park at Crestwood is a
gated enclave comprised of three private residences with a
cobblestone motor court surrounding a central fountain and area
patrol.
Unit Size
7,659 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$849
Property Type
House
Property Taxes
$7,973
HOA Dues
$458
Year Built
2001
Listed By
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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: 14 days ago (HAR #44007478)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 21, 2026 | Listed by Compass RE Texas, LLC - Houston | $6,500,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| May 30, 2025 | In contract | - | |
| In contract | |||
| May 27, 2025 | Listed | $4,950,000 | |
| Listed | |||
| | |||
|
Amazing Estate home overlooking Memorial Park! Stately Regency style home on 1/2+ acre lot in exclusive 3 home Gated enclave. This impressive home features a mix of Classical elements & Modern accents that make it a delightful place to entertain. Formal Living & Dining + Family Room open to Kitchen w/Pool & Park views. Updated, spacious Chef's kitchen w/stainless appliances inc. 2 Dishwashers, Breakfast Room & Island bar. Luxurious 1st floor Primary wing w/Study, Primary BR w/Fireplace, spacious dual closets, stunning Bath w/soaking tub, oversized shower & pool access. The flexible Upstairs features 3 En Suite BRs + Media/GR + Flex Rm (Exercise/2nd Study/Guest suite). Fabulous 2024 Pool & Spa, May '25 New Roof w/warranty, Summer kitchen, pool bath, & Portico overlooking backyard oasis. Other features: Showroom finished floor in 3+ car garage, add'l parking, an abundance of storage, spacious side yard/great for pets. Elevator capable. Premier location, close to downtwn. Never flooded.
| |||
| Sep 7, 2021 | Sold | ||
| Sold | |||
| Jul 19, 2021 | Listed by Compass RE Texas, LLC | $3,999,900 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
|
One of 3 homes in the exclusive gated Parks at Crestwood, this 5 bedroom grand estate features a modern mix of classical elements coupled with surprising trend-forward accents. The stately Neoclassical exterior features a 2-story portico flanked by columns. Inside, the traditional columns are subverted with a bold addition of high-gloss black lacquer. Formal entertaining spaces are punctuated by striking wallpaper, graphic pops of color, & sleek iron&glass windows/doors. The chef’s kitchen features commercial grade appliances & elegant swaths of marble. The ground floor primary wing is complete with a millwork-focused study, luxurious bathroom with central freestanding soaking tub+shower room, & dual boutique-inspired closets. Secondary ensuite bedrooms, expansive media room, & flex/gym (or possible guest suite) are located up the grand central staircase. Exterior features include a 3 car garage, expansive corner lawn, covered loggia w/summer kitchen & bath. See virtual tour in links.
| |||
Property Highlights
Elevator
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Additional Parking, Garage Door Opener, Automatic Gate, Auto Driveway Gate, Double-Wide Driveway
Garage Spaces: 3
Interior Details
Half Bathrooms: 4
Full Bathrooms: 5
Interior Features: Central Vacuum, Crown Molding, High Ceilings, Wired for Sound, 2 Staircases, Formal Entry/Foyer, En-Suite Bath, Primary Bed - 1st Floor, Sitting Area, Walk-In Closet(s)
Appliances: Disposal, Ice Maker, Refrigerator, Double Oven, Microwave, Gas Range, Indoor Grill, Dishwasher
Flooring Type: Carpet, Marble, Tile, Wood
Door Features: Insulated Doors
Laundry Features: Electric Dryer Hookup, Washer Hookup
Has Fireplace
Fireplace Features: Outside, Gas
Fireplaces: 4
Exterior Details
Square Footage: 7659
Architectural Style: Other, Traditional
Year Built: 2001
Building Area Total: 7659
Window Features: Window Coverings, Insulated/Low-E windows
Construction Materials: Stucco
Patio and Porch Features: Covered, Patio, Porch
Pool Features: Heated, In Ground, Pool With Hot Tub Attached
Pool is Private
Lot Features: Corner Lot, Cul-De-Sac, 1/2 Up to 1 Acre
Lot Size Area: 0.5296
Lot Size Units: Acres
Lot Size Acres: 0.5296
Lot Size Square Feet: 23069.376
Water Source: Public
Financial Details
Tax Annual Amount: $95,681
Utilities Details
Cooling Type: Electric, Zoned
Heating Type: Natural Gas, Zoned
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Controlled Access, Garbage Service
HOA Fee: $5,500
HOA Fee Frequency: Annually
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: Laura Sweeney, Compass RE Texas, LLC - Houston
Last Updated: 14 days ago
Data Source: HAR , MLS# 44007478
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Last Updated: 14 days ago
Data Source: HAR , MLS# 44007478
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