$725,000 Last Listed Price
●
House -
Off Market
2502 Mcclendon Street
Houston, TX 77030
2 Beds
2 Baths,
1
Half Bath
2,104 Ft²
$4,840
Est. Monthly
$25
HOA / Fees
About This Property
Nestled in the heart of the greater Southgate neighborhood, 2502
McClendon represents the perfect juxtaposition of highly desired
amenities coupled together with the architectural charm of
timelessly designed homes from the 40's. The first floor of the
home features a large kitchen & dining area on the east wing of the
home. The spacious living room sits between the 19' wide library
and the family room which overlooks the covered patio and sparkling
pool. Upstairs you will find a large secondary bedroom with
spa-like bath in white marble and a master suite that features a
flex room which can be used as a home office, nursery or sitting
room. Step out to the north-facing master terrace and enjoy views
of the mature landscaping that create a layer of privacy that
surrounds your oversized pool. Boasting so much pliability,
2502 McClendon is the ideal home for someone looking to be within
walking distance of the Texas Medical Center, Rice University and
the Rice Village Arcade.
Unit Size
2,104 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$345
Property Type
House
Property Taxes
$1,254
HOA Dues
$25
Year Built
1940
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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 #79715427)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 15, 2024 | Sold | ||
| Sold | |||
| Jan 14, 2024 | In contract | - | |
| In contract | |||
| Nov 1, 2023 | Listed by Martha Turner Sotheby's International Realty | $725,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| | |||
|
Nestled in the heart of the greater Southgate neighborhood, 2502 McClendon represents the perfect juxtaposition of highly desired amenities coupled together with the architectural charm of timelessly designed homes from the 40's. The first floor of the home features a large kitchen & dining area on the east wing of the home. The spacious living room sits between the 19' wide library and the family room which overlooks the covered patio and sparkling pool. Upstairs you will find a large secondary bedroom with spa-like bath in white marble and a master suite that features a flex room which can be used as a home office, nursery or sitting room. Step out to the north-facing master terrace and enjoy views of the mature landscaping that create a layer of privacy that surrounds your oversized pool. Boasting so much pliability, 2502 McClendon is the ideal home for someone looking to be within walking distance of the Texas Medical Center, Rice University and the Rice Village Arcade.
| |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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: David Atkins, Martha Turner Sotheby's International Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 79715427
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Last Updated: 5 months ago
Data Source: HAR , MLS# 79715427
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