$450,000 Last Listed Price
●
Multifamily -
Off Market
3217 Hirschfield Road #4
Spring, TX 77373
2 Beds
2 Baths
4,272 Ft²
$460,388
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
About This Property
Fantastic investment opportunity to own stand alone fourplex in an
up-and-coming area. Four units, each 2 bed 2 bath with patio.
Recent updates including paint and new wood-look flooring in modern
gray tones. Washer and dryer hookups and large open concept living
areas. Open parking in front. Excellent location near The
Woodlands, Bush airport, Hardy Toll Road and much more.
Unit Size
4,272 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$105
Property Type
Multifamily
Property Taxes
$721
HOA Dues
-
Year Built
-
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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 #65557992)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 22, 2022 | Sold | ||
| Sold | |||
| Feb 6, 2022 | Listed by Cityscape Brokers | $450,000 | |
| Listed by Cityscape Brokers | |||
| | |||
|
Fantastic investment opportunity to own stand alone fourplex in an up-and-coming area. Four units, each 2 bed 2 bath with patio. Recent updates including paint and new wood-look flooring in modern gray tones. Washer and dryer hookups and large open concept living areas. Open parking in front. Excellent location near The Woodlands, Bush airport, Hardy Toll Road and much more.
| |||
| Dec 12, 2020 | Sold | ||
| Sold | |||
| Sep 25, 2020 | Listed by Texas United Realty | $374,000 | |
| Listed by Texas United Realty | |||
| | |||
|
ATTENTION INVESTORS: 4-plex Available! Great opportunity to own a fourplex building in Spring close to The Woodlands, Bush Airport and Hardy Toll road area. Good growth area, easy access to Exxon Mobil location. Good occupancy and good tenant occupied. Unit will be available for showing upon offer and preapproval letter. Nice two bedroom and 2 bath units. Good size, spacious floor plan. Good growing area North Houston. Long term tenants. Never flooded. Professionally managed by third party HIGHLIGHTS • ALL UNITS TWO BEDROOM TWO BATH • LAUNDRY, FIREPLACE AND PATIO EACH UNIT • 100 % OCCUPANCY LOW VACANCY RATE (currently have one unit open for Owner Occupant sale option) • NO MAINTENANCE OR ASOOCIATION FEE TENANT PAYS OWN WATER/LIGHT
| |||
Property Highlights
Fireplace
Parking Details
Parking Features: Paved, Two
Interior Details
Full Bathrooms: 2
Flooring Type: Carpet, Laminate, Tile
Laundry Features: Washer/Dryer Connections
Has Fireplace
Fireplace Features: Fireplace
Exterior Details
Has Property Attached
Square Footage: 4272
Year Built: 1983
Building Area Total: 4272
Window Features: Window Coverings
Patio and Porch Features: Patio
Lot Size Area: 0.2228
Lot Size Units: Acres
Lot Size Acres: 0.2228
Lot Size Square Feet: 9705
Financial Details
Tax Annual Amount: $8,649
Utilities Details
Cooling Type: Electric
Heating Type: Electric
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/06/2022
|
2 Bed
|
2 Bath
|
4272 ft²
|
$450,000
2 Bed
2 Bath
4272 ft²
|
$430,000
-4.44%
07/22/2022
|
Michael Ifland
Amy Renee Ifland
| |
|
09/25/2020
|
2 Bed
|
2 Bath
|
4272 ft²
|
$374,000
2 Bed
2 Bath
4272 ft²
|
$330,000
-11.76%
12/12/2020
|
Miranda Ejde
Texas United Realty
|
Building Info
About Timber Lane
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Listed by: Michael Ifland, Cityscape Brokers
Last Updated: 4 months ago
Data Source: HAR , MLS# 65557992
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Last Updated: 4 months ago
Data Source: HAR , MLS# 65557992
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