29
Map
$450,000 Last Listed Price
●
House -
Off Market
397 N Centro Circle #B
Shenandoah, TX 77385
2 Beds
2 Baths,
1
Half Bath
2,388 Ft²
$2,410
Est. Monthly
$200
HOA / Fees
3.85%
Cap Rate
About This Property
Location! Location!! Come check out this live/work unit located in
the new community Centro . Commercial unit downstairs is 769 ft.²
of prime commercial space on the first floor great for retail,
office or any service business. It is currently being occupied by a
hair salon. The residential unit is 1565 ft.² of living area
on the second and third floor. Open concept living room and large
balcony to large master bedrooms with her own private baths .Off
I-45 and close to Methodist and other medical facilities near The
Woodlands. Close to Woodlands Mall and many Shopping. Next to the
Metro Park Entertainment (AMC, Dave & Busters, etc.) New modern
community with proximity to medicals and shopping. Has its own
balcony. Residence pool area. Room dimensions are from Builder's
brochure.
DO NOT INTERRUPT TENANT DOWNSTAIRS.
DO NOT INTERRUPT TENANT DOWNSTAIRS.
Unit Size
2,388 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$188
Property Type
House
Property Taxes
-
HOA Dues
$200
Year Built
-
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Cap Rate Calculator
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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: 5 months ago (HAR #86137169)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 1, 2025 | Sold | ||
| Sold | |||
| Apr 6, 2025 | In contract | - | |
| In contract | |||
| Feb 27, 2025 | Listed by Evolve Real Estate | $450,000 | |
| Listed by Evolve Real Estate | |||
Property Highlights
Parking Details
Parking Features: No Garage
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: 2 Staircases, All Bedrooms Up, Primary Bed - 3rd Floor, Walk-In Closet(s)
Appliances: Disposal, Gas Oven, Microwave, Gas Cooktop, Gas Range, Dishwasher, Refrigerator Included
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup
Exterior Details
Square Footage: 2388
Architectural Style: Contemporary/Modern
Year Built: 2020
Building Area Total: 2388
Levels: Multi/Split
Construction Materials: Stucco
Lot Features: Cleared, 0 Up To 1/4 Acre
Lot Size Area: 0.0483
Lot Size Units: Acres
Lot Size Acres: 0.0483
Lot Size Square Feet: 2104
Water Source: Public
Utilities Details
Cooling Type: Ceiling Fan(s), Electric
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA Fee: $2,400
HOA Fee Frequency: Annually
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/27/2025
|
2 Bed
|
2 Bath
|
2388 ft²
|
$450,000
2 Bed
2 Bath
2388 ft²
|
$425,000
-5.56%
05/01/2025
|
Yuliana Gonzalez
CENTURY 21 Judge Fite Co.
|
Building Info
About Shenandoah
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Listed by: Yuliana Gonzalez, Evolve Real Estate
Last Updated: 5 months ago
Data Source: HAR , MLS# 86137169
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Last Updated: 5 months ago
Data Source: HAR , MLS# 86137169
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