$328,000 Last Listed Price
●
House -
Off Market
2903 Stemwood Drive
Spring, TX 77388
4 Beds
3 Baths,
1
Half Bath
2,876 Ft²
$361,359
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model
About This Property
This beautiful 4bed/3.5bath home in Louetta Lakes sits on a corner
lot and cul-de-sac street with lake views! The primary bedroom is
on the 1st floor and is secluded away from the main living areas
and second floor secondary bedrooms. The main living area features
a large open ceiling with a gas log fireplace, a built-in alcove
and huge bay windows! Other attributes include a large open island
kitchen with an electric cooktop, a formal dining room, an office
with French doors, a second family room, large secondary bedrooms
and a covered patio with a wood deck and views of the lake! This
rare gem will not last long, send your offers today and make it
yours! Low taxes, low HOA fees, zoned to Klein ISD, close to I-45N,
99, George Bush Airport, The Woodlands, major shopping/restaurant
and entertainment venues!
Unit Size
2,876 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$114
Property Type
House
Property Taxes
$592
HOA Dues
$41
Year Built
2003
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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 #98539366)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 30, 2021 | Sold | ||
| Sold | |||
| Nov 20, 2021 | Listed by The Professional Landlords | $328,000 | |
| Listed by The Professional Landlords | |||
| | |||
|
This beautiful 4bed/3.5bath home in Louetta Lakes sits on a corner lot and cul-de-sac street with lake views! The primary bedroom is on the 1st floor and is secluded away from the main living areas and second floor secondary bedrooms. The main living area features a large open ceiling with a gas log fireplace, a built-in alcove and huge bay windows! Other attributes include a large open island kitchen with an electric cooktop, a formal dining room, an office with French doors, a second family room, large secondary bedrooms and a covered patio with a wood deck and views of the lake! This rare gem will not last long, send your offers today and make it yours! Low taxes, low HOA fees, zoned to Klein ISD, close to I-45N, 99, George Bush Airport, The Woodlands, major shopping/restaurant and entertainment venues!
| |||
Property Highlights
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 Louetta Lakes
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Listed by: Anissa Wilson, The Professional Landlords
Last Updated: 5 months ago
Data Source: HAR , MLS# 98539366
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Last Updated: 5 months ago
Data Source: HAR , MLS# 98539366
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