$7,450,000 Last Listed Price
●
House -
Off Market
39 W Rivercrest Drive
Houston, TX 77042
5 Beds
7 Baths,
1
Half Bath
13,056 Ft²
$9,059,739
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
An extraordinary estate encompassing over 3.5 acres of fully-gated
grounds featuring an approx. 11,000+ sf main house as well as a
1,200+ sq. ft. guest house. Impressive Patrick Berrios design
combines exceptional entertaining and remarkable recreational
capabilities with spectacular scale enhanced by substantial
surfaces, soaring ceiling heights, and dazzling details. Highlights
include regal reception spaces, a wine vault, and Owners Retreat
with lavish bath, custom closets, and adjacent Fitness Center.
Elevator-installed. Game Rooms down and up. Media Room + 4 Guest
Suites. Pet Spa. Outdoor oasis features a swimming pool with
elevated spa, fire pit, poolside pavilion, and an incredible
expanse of green space beyond with water well. A covered breezeway
connects the ground-level 2-Bedroom Guest House and ample parking
with a pair of 2-car porte-cocheres and garages offering 5-car
storage capacity.
Unit Size
13,056 Ft²
Days on Market
-
Land Size
3.52 acres
Price per sqft
$571
Property Type
House
Property Taxes
$8,835
HOA Dues
$252
Year Built
2013
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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 #22633641)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 15, 2021 | Sold | ||
| Sold | |||
| Oct 1, 2020 | Listed by Compass RE Texas, LLC | $7,450,000 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
|
An extraordinary estate encompassing over 3.5 acres of fully-gated grounds featuring an approx. 11,000+ sf main house as well as a 1,200+ sq. ft. guest house. Impressive Patrick Berrios design combines exceptional entertaining and remarkable recreational capabilities with spectacular scale enhanced by substantial surfaces, soaring ceiling heights, and dazzling details. Highlights include regal reception spaces, a wine vault, and Owners Retreat with lavish bath, custom closets, and adjacent Fitness Center. Elevator-installed. Game Rooms down and up. Media Room + 4 Guest Suites. Pet Spa. Outdoor oasis features a swimming pool with elevated spa, fire pit, poolside pavilion, and an incredible expanse of green space beyond with water well. A covered breezeway connects the ground-level 2-Bedroom Guest House and ample parking with a pair of 2-car porte-cocheres and garages offering 5-car storage capacity.
| |||
Property Highlights
Elevator
Air Conditioning
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 Westside
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Listed by: Steve Baumgardner, Compass RE Texas, LLC
Last Updated: 6 months ago
Data Source: HAR , MLS# 22633641
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Last Updated: 6 months ago
Data Source: HAR , MLS# 22633641
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