$200,000 Last Listed Price
●
House -
Off Market
318 Elm Street
Prairie View, TX 77484
5 Beds
3 Baths
2,140 Ft²
$210,595
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model
About This Property
Beautifully 2 story home ready for new owners in the Alta
subdivision of Prairie View! This 5 bedroom, 3 bathroom home has
over 2100 sqft with an open floor plan and high ceilings. Gorgeous
kitchen boasts stainless steel appliances, white cabinets, custom
backsplash and is open to family room for easy entertaining.
Primary bedroom located on the first floor with modern en-suite
bath including walk-in shower, Bedroom number 2 and guest bath also
on same level. The remaining bedrooms and 3rd full bathroom
upstairs. Garage is finished and converted to conditioned living
space. Fully fenced in backyard and almost a quarter of an acre
lot!! The tasteful upgrades and neutral colors in this home means
all you need to do is move right in! Convenient location with easy
access to Highway 6/US290, close to restaurants, grocery stores and
shopping. Don't miss your opportunity to own a stunning home, at
this price it won't last long!
Unit Size
2,140 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$93
Property Type
House
Property Taxes
$317
HOA Dues
$8
Year Built
1999
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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 #86349647)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 15, 2025 | Sold | ||
| Sold | |||
| Aug 30, 2025 | In contract | - | |
| In contract | |||
| Aug 18, 2025 | Relisted | $270,000 | |
| Relisted | |||
| Aug 12, 2025 | In contract | - | |
| In contract | |||
| Apr 26, 2025 | Listed by Keller Williams Premier Realty | $270,000 | |
| Listed by Keller Williams Premier Realty | |||
   | |||
|
Prime Investment Opportunity – Walk to Prairie View A&M
This turnkey two-story home on Elm Street in the Alta subdivision is a high-yield rental opportunity just steps from Prairie View A&M University. With 5 bedrooms and 3 full bathrooms, it’s ideal for pad-splits, student housing, or long-term rentals. The open floor plan, high ceilings, and modern finishes create a bright, comfortable living space. The kitchen features stainless steel appliances, white cabinetry, and a custom backsplash, flowing into a spacious family room—perfect for co-living. Downstairs includes a primary suite and a second bedroom with full bath—great for flexible tenant setups. Upstairs offers 3 additional bedrooms and a shared bath, optimizing per-room income. A fully fenced, nearly quarter-acre lot provides privacy and expansion potential. Whether you’re looking to cash flow fast or add a valuable asset near a major university, this property is ready to
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Prairie View
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Currently no similar homes aroundNearby Rentals
Listed by: Austin Jones, Keller Williams Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 86349647
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Last Updated: 5 months ago
Data Source: HAR , MLS# 86349647
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