$2,450,000 Last Listed Price
●
House -
Off Market
3059 Reba Drive
Houston, TX 77019
4 Beds
3 Baths,
1
Half Bath
4,005 Ft²
$16,578
Est. Monthly
$133
HOA / Fees
About This Property
This elegant property sitting on a large lot in the heart of Avalon
Place has been thoughtfully expanded over time by architect Tom
Wilson and contractor Tyne Sparks while preserving its original
charm. A wide brick front walk leads to the handsome entry. Both
the front and back gardens were designed by McDugald Steele. The
main level has a gracious entry hall that opens to the living room,
dining room, and intimate study with adjacent guest half bath. Also
on the first floor is a light filled family room and sunroom over
looking the rear patio and yard, an island kitchen with breakfast
area, and a wet bar. The kitchen features recent double ovens and
warming drawer. The second level has four bedrooms and three baths.
The corner primary suite features two walk-in closets with
built-ins plus two private studies or additional closet space.
Elevator and generator. Abundant storage. The expansive backyard
has room for a pool. An opportunity for classic design in desirable
Avalon Place.
Unit Size
4,005 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$612
Property Type
House
Property Taxes
$4,414
HOA Dues
$133
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: 4 months ago (HAR #23868426)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Feb 8, 2025 | In contract | - | |
| In contract | |||
| Jan 31, 2025 | Listed by Martha Turner Sotheby's International Realty | $2,450,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| | |||
|
This elegant property sitting on a large lot in the heart of Avalon Place has been thoughtfully expanded over time by architect Tom Wilson and contractor Tyne Sparks while preserving its original charm. A wide brick front walk leads to the handsome entry. Both the front and back gardens were designed by McDugald Steele. The main level has a gracious entry hall that opens to the living room, dining room, and intimate study with adjacent guest half bath. Also on the first floor is a light filled family room and sunroom over looking the rear patio and yard, an island kitchen with breakfast area, and a wet bar. The kitchen features recent double ovens and warming drawer. The second level has four bedrooms and three baths. The corner primary suite features two walk-in closets with built-ins plus two private studies or additional closet space. Elevator and generator. Abundant storage. The expansive backyard has room for a pool. An opportunity for classic design in desirable Avalon Place.
| |||
Property Highlights
Elevator
Fireplace
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: Philip Alter, Martha Turner Sotheby's International Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 23868426
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Last Updated: 4 months ago
Data Source: HAR , MLS# 23868426
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