$525,000 Last Listed Price
●
House -
Off Market
3803 Olde Bourbon Lane
Houston, TX 77018
3 Beds
3 Baths,
1
Half Bath
2,860 Ft²
$546,020
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model
About This Property
Beautiful recent construction by one of Houston's premier builders
in burgeoning Oak Forest area. 3 bedrooms, all with ensuite baths.
Second floor open living with chef's kitchen offering
Thermador and Samsung appliances, quartz counters, half bath and
wiring for sound. Gorgeous white oak flooring and plantation
shutters throughout main living areas and bedrooms (no carpet).
Spacious outdoor living areas include two balconies and
covered patio in the back. All appliances may stay.
Automatic gate for development coming soon (already paid
for). Outstanding location in the ever-popular Oak Forest
neighborhood, walkable to acclaimed d'Alba Restaurant, Great
Heights Brewing, Decant Urban Winery and much more. Easy
access to downtown.
Unit Size
2,860 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$184
Property Type
House
Property Taxes
$814
HOA Dues
$42
Year Built
2015
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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 #62581085)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 22, 2022 | Sold | ||
| Sold | |||
| Aug 19, 2022 | Listed by Compass RE Texas, LLC | $525,000 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
|
Beautiful recent construction by one of Houston's premier builders in burgeoning Oak Forest area. 3 bedrooms, all with ensuite baths. Second floor open living with chef's kitchen offering Thermador and Samsung appliances, quartz counters, half bath and wiring for sound. Gorgeous white oak flooring and plantation shutters throughout main living areas and bedrooms (no carpet). Spacious outdoor living areas include two balconies and covered patio in the back. All appliances may stay. Automatic gate for development coming soon (already paid for). Outstanding location in the ever-popular Oak Forest neighborhood, walkable to acclaimed d'Alba Restaurant, Great Heights Brewing, Decant Urban Winery and much more. Easy access to downtown.
| |||
| Jul 10, 2020 | Sold | ||
| Sold | |||
| Aug 6, 2019 | Listed by Martha Turner Sotheby's | $419,000 | |
| Listed by Martha Turner Sotheby's | |||
| | |||
|
Ideally located in Oak Forest with easy access to the whole city. Home is perfectly nestled in a lovely neighborhood. Luxurious finishes include high ceilings, 5'' wide white oak floors, Thermador appliances, designer lighting and ceiling fans. Enjoy the outdoors on the 2 front facing balconies or the rear covered porch.
| |||
Property Highlights
Air Conditioning
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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Listed by: William Dodson, Compass RE Texas, LLC
Last Updated: 6 months ago
Data Source: HAR , MLS# 62581085
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Last Updated: 6 months ago
Data Source: HAR , MLS# 62581085
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