8
Map
$2,599,000
●
House -
For Sale
338 Indian Bayou
Houston, TX 77057
4 Beds
4 Baths,
1
Half Bath
5,086 Ft²
$13,447
Est. Monthly
$188
HOA / Fees
About This Property
Introducing a stunning, Art Deco–inspired new construction by
acclaimed RobRyan Builders, where striking design meets exceptional
livability. 1st floor is thoughtfully arranged with a grand foyer,
guest bedroom & bath, flex study or exercise room with impressive
11ft ceilings. 2nd floor has soaring 12ft ceilings & an airy
open-concept layout, create an ideal setting for both everyday
living & effortless entertaining. Chef's kitchen overlooks the
expansive great room & adjacent dining room; while a game room, wet
bar, & private office add function & sophistication. 3rd floor
serves as a private retreat, highlighted by a luxurious primary
suite with a spa-like bath, soaking tub, walk-in shower & expansive
walk-in closet along with loft & additional bedrooms. Generous
outdoor spaces on all 3 levels with SPECTACULAR RAVINE VIEWS. This
home has distinctive architectural character, generous proportions
& thoughtfully designed spaces. Plans & finishes are subject to
change during construction
Unit Size
5,086 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$511
Property Type
House
Property Taxes
$496
HOA Dues
$188
Year Built
-
Listed By
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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: 27 days ago (HAR #15702012)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 19, 2026 | Listed by Brent Allen Properties | $2,599,000 | |
| Listed by Brent Allen Properties | |||
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Feb 5, 2025 | In contract | - | |
| In contract | |||
| Jan 21, 2025 | Listed by R. Alexa Group | $375,000 | |
| Listed by R. Alexa Group | |||
| | |||
|
An exceptional opportunity to build your dream home on this beautiful lot nestled in the quiet gated enclave of Indian Bayou. Located in the prestigious Tanglewood area. The lot overlooks a lush, wooded ravine. Centrally located-easy access to 610 & I-10. Zoned to exemplary SBISD schools (Hunters Creek Elem & Memorial HS). Minutes from Galleria, Memorial Park and The Houston Country Club. The rare-find lot comes with a thoughtfully designed custom home plan by StudioMET Architects, a highly acclaimed firm recognized for their award-winning designs. The plans are available as part of the sale. Contact us for more details!
| |||
| Jun 12, 2021 | Sold | ||
| Sold | |||
Show More
Property Highlights
Garage
Elevator
Parking Details
Has Garage
Attached Garage
Parking Features: Attached
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 4
Interior Features: Elevator, Wet Bar, 1 Bedroom Down - Not Primary BR, 3 Bedrooms Up, En-Suite Bath, Primary Bed - 3rd Floor, Sitting Area, Walk-In Closet(s)
Appliances: Disposal, Wine Refrigerator, Gas Oven, Microwave, Gas Range, Dishwasher
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Exterior Details
Square Footage: 5086
Property Condition: Under Construction
Architectural Style: Other
Year Built Source: Builder
Year Built: 2027
Builder Name: RobRyan Builder
Building Area Total: 5086
Construction Materials: Brick, Stucco
Lot Features: Subdivided, 0 Up To 1/4 Acre
Lot Size Area: 0.0912
Lot Size Units: Acres
Lot Size Acres: 0.0912
Lot Size Square Feet: 3972.672
Water Source: Public
Financial Details
Tax Annual Amount: $5,953
Utilities Details
Cooling Type: Gas
Heating Type: Electric
Sewer : Public Sewer
Location Details
HOA Fee: $2,261
HOA Fee Frequency: Annually
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 Westside
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Listed by: David Vallejo, Brent Allen Properties
Last Updated: 27 days ago
Data Source: HAR , MLS# 15702012
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Last Updated: 27 days ago
Data Source: HAR , MLS# 15702012
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