$549,000 Last Listed Price
●
House -
Off Market
3023 Riata Lane
Houston, TX 77043
5 Beds
3 Baths,
1
Half Bath
2,725 Ft²
$3,436
Est. Monthly
$28
HOA / Fees
About This Property
This rare, updated, one-story home in desirable Spring Shadows
features 5 Bedrooms, 3½ Baths, a Study, and a modern Kitchen. The
updated (2021) Kitchen is complete with granite countertops, sleek
stainless-steel appliances, a deep farmhouse sink, 5 burner gas
cooktop and double ovens. The Primary and Secondary Bathrooms have
been tastefully updated to reflect a modern aesthetic. The Primary
Bathroom boasts a luxurious feel with a spacious walk-in shower and
elegant fixtures. *Additional updates include roof/gutters replaced
in 2109, windows replaced, exterior doors replaced, and luxury
vinyl flooring added in 2021. Also, some PEX pipes were installed
in 2015. *All per seller* Outside, the property showcases a
well-maintained yard, perfect for outdoor activities. Don't miss
out on this gem of a property, close to Beltway 8 and I-10, plus
zoned to Spring Branch Schools.
Unit Size
2,725 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$201
Property Type
House
Property Taxes
$712
HOA Dues
$28
Year Built
1973
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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 #58842659)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 21, 2024 | Sold | ||
| Sold | |||
| Mar 9, 2024 | In contract | - | |
| In contract | |||
| Feb 28, 2024 | Listed by Del Monte Realty | $549,000 | |
| Listed by Del Monte Realty | |||
| | |||
|
This rare, updated, one-story home in desirable Spring Shadows features 5 Bedrooms, 3½ Baths, a Study, and a modern Kitchen. The updated (2021) Kitchen is complete with granite countertops, sleek stainless-steel appliances, a deep farmhouse sink, 5 burner gas cooktop and double ovens. The Primary and Secondary Bathrooms have been tastefully updated to reflect a modern aesthetic. The Primary Bathroom boasts a luxurious feel with a spacious walk-in shower and elegant fixtures. *Additional updates include roof/gutters replaced in 2109, windows replaced, exterior doors replaced, and luxury vinyl flooring added in 2021. Also, some PEX pipes were installed in 2015. *All per seller* Outside, the property showcases a well-maintained yard, perfect for outdoor activities. Don't miss out on this gem of a property, close to Beltway 8 and I-10, plus zoned to Spring Branch Schools.
| |||
Property Highlights
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
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Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Northwest Houston
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Listed by: Katie Wells, Del Monte Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 58842659
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Last Updated: 5 months ago
Data Source: HAR , MLS# 58842659
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