$7,200,000 Last Listed Price
●
House -
Off Market
3237 Inwood Drive
Houston, TX 77019
3 Beds
3 Baths,
1
Half Bath
5,789 Ft²
$46,145
Est. Monthly
$280
HOA / Fees
About This Property
A River Oaks Icon: "The Redbird House". This enchanting estate
comprised of three distinct dwellings ecompasses over half an acre
of fully gated grounds offering a prestigious pedigree set forth by
acclaimed architect, Birdsall P. Briscoe, within the coveted
Country Club Estates. The original 3-Bedroom Main House has been
masterfully reimagined utilizing the talented team of Newberry
Architecture in collaboration with Erin Stetzer Homes and Courtnay
Elias of Creative Tonic Design. Swimming Pool with adjacent
ground-level Guest House. Gated motor court with porte-cochere and
ample off-street parking leads to a Carriage House with two-car
capacity and Guest Apartment above. A timeless treasure having
remained a recognized hallmark of distinguished design as evidenced
by features in numerous publications and recipient of a "Good Brick
Award" from the Houston Preservation Alliance. Appraisal
Calculations: Main House (5,092 sq. ft.), Pool House (697 sq. ft.),
Garage Apartment (548 sq. ft.).
Unit Size
5,789 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$1,244
Property Type
House
Property Taxes
$10,510
HOA Dues
$280
Year Built
1927
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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 #9490197)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| May 31, 2024 | In contract | - | |
| In contract | |||
| May 27, 2024 | Listed | $7,200,000 | |
| Listed | |||
| | |||
|
A River Oaks Icon: "The Redbird House". This enchanting estate comprised of three distinct dwellings ecompasses over half an acre of fully gated grounds offering a prestigious pedigree set forth by acclaimed architect, Birdsall P. Briscoe, within the coveted Country Club Estates. The original 3-Bedroom Main House has been masterfully reimagined utilizing the talented team of Newberry Architecture in collaboration with Erin Stetzer Homes and Courtnay Elias of Creative Tonic Design. Swimming Pool with adjacent ground-level Guest House. Gated motor court with porte-cochere and ample off-street parking leads to a Carriage House with two-car capacity and Guest Apartment above. A timeless treasure having remained a recognized hallmark of distinguished design as evidenced by features in numerous publications and recipient of a "Good Brick Award" from the Houston Preservation Alliance. Appraisal Calculations: Main House (5,092 sq. ft.), Pool House (697 sq. ft.), Garage Apartment (548 sq. ft.).
| |||
| Sep 21, 2020 | Sold | ||
| Sold | |||
| Aug 3, 2020 | Listed by Compass RE Texas, LLC | $4,995,000 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
|
A River Oaks Icon: "The Redbird House". This enchanting estate comprised of three distinct dwellings encompassing over half an acre in scale combines a prestigious pedigree set forth by famed architect, Birdsall P. Briscoe, with a premier placement within the coveted Country Club Estates. The original 3-Bedroom Main House has been respectfully restored and masterfully maintained offering refined interiors enhanced by stylish selections and modern conveniences. Saltwater pool with adjacent ground-level Guest House. Gated motor court with porte-cochere and ample off-street parking leads to a Carriage House with two-car storage capacity and Guest Apartment above. A timeless treasure having remained a recognized hallmark of distinguished design as evidenced by features in numerous publications and recipient of a "Good Brick Award" from the Greater Houston Preservation Alliance. Appraisal Calculations: Main House (5,092 sq. ft.), Pool House (697 sq. ft.), Garage Apartment (548 sq. ft.).
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Closing Price
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HOA + Taxes
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Listed by: Laura Sweeney, Compass RE Texas, LLC - Houston
Last Updated: 4 months ago
Data Source: HAR , MLS# 9490197
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Last Updated: 4 months ago
Data Source: HAR , MLS# 9490197
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