$1,225,000 Last Listed Price
●
House -
Off Market
38 Shearwater Place
The Woodlands, TX 77381
4 Beds
3 Baths,
2
Half Baths
3,919 Ft²
$7,403
Est. Monthly
About This Property
Stunning Custom Home in Shadow Lake with Resort-style Backyard
overlooking the 3rd hole of The Palmer Course. State of the art
kitchen with GE Monogram appliances, pro-grade gas range, custom
hood, and built-in refrigeration and wine fridge. Open floor plan
with formal dining and living, two fireplaces, study, and
refinished hardwoods throughout. Convenient mudroom right off the
garage, utility room, and poolside bathroom for convenience.
1st-floor master with updated bath with separate shower and dual
closets. Three spacious bedrooms upstairs with a game room leading
out to the balcony with golf course views. New roof, double-paned
windows, paint & more. Zoned for highly sought after David
Elementary and College Park High. Schedule your showing today!
Unit Size
3,919 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$313
Property Type
House
Property Taxes
$1,387
HOA Dues
-
Year Built
1991
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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 #37221632)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 14, 2023 | Sold | ||
| Sold | |||
| Sep 28, 2023 | Listed by CB&A, Realtors | $1,225,000 | |
| Listed by CB&A, Realtors | |||
| | |||
|
Stunning Custom Home in Shadow Lake with Resort-style Backyard overlooking the 3rd hole of The Palmer Course. State of the art kitchen with GE Monogram appliances, pro-grade gas range, custom hood, and built-in refrigeration and wine fridge. Open floor plan with formal dining and living, two fireplaces, study, and refinished hardwoods throughout. Convenient mudroom right off the garage, utility room, and poolside bathroom for convenience. 1st-floor master with updated bath with separate shower and dual closets. Three spacious bedrooms upstairs with a game room leading out to the balcony with golf course views. New roof, double-paned windows, paint & more. Zoned for highly sought after David Elementary and College Park High. Schedule your showing today!
| |||
Property Highlights
Fireplace
Garage
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 The Woodlands
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Listed by: Honey Tucker, CB&A, Realtors
Last Updated: 4 months ago
Data Source: HAR , MLS# 37221632
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Last Updated: 4 months ago
Data Source: HAR , MLS# 37221632
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