$200,000 Last Listed Price
●
House -
Off Market
3201 Tanglebriar Drive
Pasadena, TX 77503
8 Beds
2 Baths
2,129 Ft²
$1,329
Est. Monthly
About This Property
Welcome to 3201 Tanglebriar, CURRENTLY TENANT OCCUPIED and being
rented as a Co-Living home weekly rental. All tenants are on a week
to week basis. It is a fantastic turn-key investment opportunity in
a prime location. This property boasts 8 bedrooms and 2 bathrooms,
perfect for a co-living / multi gen family / group home / assisted
living senior care / or other arrangements for amazing rental
income. With some TLC and a little bit of elbow grease, this
fixer-upper has incredible potential for a savvy investor. The
tenant-occupied home is a landlord's dream, offering massive
cashflow and value-add opportunities. Under new management and
ready to make you mint. Don't miss out on this chance to turn this
diamond in the rough into a shining gem. This home can be purchased
by itself or as a part of 18 unit SFR portfolio. Investor owned
buyer/buyers agent to verify all information.
Unit Size
2,129 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$94
Property Type
House
Property Taxes
$347
HOA Dues
-
Year Built
1956
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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 #37216411)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 21, 2024 | Sold | ||
| Sold | |||
| Jun 20, 2024 | In contract | - | |
| In contract | |||
| Mar 26, 2024 | Listed by Realty Right | $200,000 | |
| Listed by Realty Right | |||
| | |||
|
Welcome to 3201 Tanglebriar, CURRENTLY TENANT OCCUPIED and being rented as a Co-Living home weekly rental. All tenants are on a week to week basis. It is a fantastic turn-key investment opportunity in a prime location. This property boasts 8 bedrooms and 2 bathrooms, perfect for a co-living / multi gen family / group home / assisted living senior care / or other arrangements for amazing rental income. With some TLC and a little bit of elbow grease, this fixer-upper has incredible potential for a savvy investor. The tenant-occupied home is a landlord's dream, offering massive cashflow and value-add opportunities. Under new management and ready to make you mint. Don't miss out on this chance to turn this diamond in the rough into a shining gem. This home can be purchased by itself or as a part of 18 unit SFR portfolio. Investor owned buyer/buyers agent to verify all information.
| |||
| Dec 8, 2020 | Sold | ||
| Sold | |||
| Jul 15, 2020 | Listed by Prime Realty Group | $150,000 | |
| Listed by Prime Realty Group | |||
| | |||
|
From the moment you arrive, this inviting southern inspired front porch welcomes you. As you enter the large living room, you see the beautifully crafted woodwork that is carried throughout the home. Crown molding, beadboard wainscoting, chair rails & shiplap add to the charm of this 3 bedroom, 2.5 bath home. There’s storage galore with walk in closets in the bedrooms and gameroom. The large game room can accommodate a texas sized events and is the prefect place to entertain your guests. Carry the party outside through french doors that open up on to one of two covered patios. Second patio is off the mud room where you can leave the grime behind. Beautiful oak trees provide great shade for those backyard get-togethers. Enjoy great outdoor living on this beautiful corner lot. Separate fenced area has plenty of room and can be used as a dog run, garden or both. Home did not flood. Don't miss the opportunity to call this place YOUR HOME! Call and schedule an appointment today!!!
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Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Tanglebriar
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Listed by: Erick Harbert, Realty Right
Last Updated: 4 months ago
Data Source: HAR , MLS# 37216411
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Last Updated: 4 months ago
Data Source: HAR , MLS# 37216411
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