$275,000 Last Listed Price
●
House -
Off Market
3705 Runnels Street
Houston, TX 77003
2 Beds
1 Bath
886 Ft²
$277,141
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
Highly desired EaDo (also known as East Downtown) Come and be a
part of this Revitalization. Properties are selling fast!
Close proximity to Blanca's Cafe, Garza Studios, a new multi-use
building offering both street retail and creative/loft office
spaces on Milby & Runnels St. Minutes from the East River
project a dynamic mixed-use development. NO HOA! Low
Tax Rate, property sold As Is. Great for a tear down to build a new
home or townhome. Location, Location, Location! 5 block walk to
Navigation where new restaurants & bars are opening all the time, 6
blocks from Harrisburg to hop on the Metro Rail and catch the
game, head to downtown to Minute Maid, Dynamo, Toyota Center, to
work in Med Center. Come add your personal touch!
Unit Size
886 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$310
Property Type
House
Property Taxes
$322
HOA Dues
-
Year Built
1935
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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: 6 months ago (HAR #27645404)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 18, 2022 | Sold | ||
| Sold | |||
| Dec 22, 2021 | Listed by BHGRE Gary Greene | $275,000 | |
| Listed by BHGRE Gary Greene | |||
| | |||
|
Highly desired EaDo (also known as East Downtown) Come and be a part of this Revitalization. Properties are selling fast! Close proximity to Blanca's Café, Garza Studios, a new multi-use building offering both street retail and creative/loft office spaces on Milby & Runnels St. Minutes from the East River project a dynamic mixed-use development. NO HOA! Low Tax Rate, property sold As Is. Great for a tear down to build a new home or townhome. Location, Location, Location! 5 block walk to Navigation where new restaurants & bars are opening all the time, 6 blocks from Harrisburg to hop on the Metro Rail and catch the game, head to downtown to Minute Maid, Dynamo, Toyota Center, to work in Med Center. Come add your personal touch!
| |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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About South Central Houston
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Listed by: Stephanie Castillo, BHGRE Gary Greene
Last Updated: 6 months ago
Data Source: HAR , MLS# 27645404
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Last Updated: 6 months ago
Data Source: HAR , MLS# 27645404
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