$2,400,000 Last Listed Price
●
House -
Off Market
4 Memorial Point Lane
Houston, TX 77024
5 Beds
7 Baths,
1
Half Bath
8,409 Ft²
$2,701,087
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
Don't miss the video link above! Never flooded, this Mid-Century
modern home sits on nearly an acre on an exclusive cul-de-sac
street in Piney Point Village with pool, tennis court (v-ball or
basketball), covered lanai, party
pavilion, wine cellar, indoor/outdoor sound system & bar, pool bath, circular drive and 3 car garage, 5 ensuite
bedrooms; this is an entertainer's dream! The rooms and storage throughout are generous, Primary Suite is
down with luxurious bathroom and closets. Soaring 2-story formal living room, floor to ceiling windows with
remote controlled shades and views of the impressive grounds. 3 cozy fireplaces, marble flooring throughout
most of the first floor. Home is zoned to top rated SBISD schools and close proximity to some of Houston's
elite private schools and country clubs. All per seller.
pavilion, wine cellar, indoor/outdoor sound system & bar, pool bath, circular drive and 3 car garage, 5 ensuite
bedrooms; this is an entertainer's dream! The rooms and storage throughout are generous, Primary Suite is
down with luxurious bathroom and closets. Soaring 2-story formal living room, floor to ceiling windows with
remote controlled shades and views of the impressive grounds. 3 cozy fireplaces, marble flooring throughout
most of the first floor. Home is zoned to top rated SBISD schools and close proximity to some of Houston's
elite private schools and country clubs. All per seller.
Unit Size
8,409 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$285
Property Type
House
Property Taxes
$2,305
HOA Dues
$29
Year Built
1971
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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 #35047918)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 21, 2021 | Sold | ||
| Sold | |||
| Aug 20, 2021 | Listed by Compass RE Texas, LLC Memorial | $2,400,000 | |
| Listed by Compass RE Texas, LLC Memorial | |||
| | |||
|
Don't miss the video link above! Never flooded, this Mid-Century modern home sits on nearly an acre on an exclusive cul-de-sac street in Piney Point Village with pool, tennis court (v-ball or basketball), covered lanai, party
pavilion, wine cellar, indoor/outdoor sound system & bar, pool bath, circular drive and 3 car garage, 5 ensuite
bedrooms; this is an entertainer's dream! The rooms and storage throughout are generous, Primary Suite is
down with luxurious bathroom and closets. Soaring 2-story formal living room, floor to ceiling windows with
remote controlled shades and views of the impressive grounds. 3 cozy fireplaces, marble flooring throughout
most of the first floor. Home is zoned to top rated SBISD schools and close proximity to some of Houston's
elite private schools and country clubs. All per seller.
| |||
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 Westside
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Listed by: Kim Zander, Compass RE Texas, LLC Memorial
Last Updated: 5 months ago
Data Source: HAR , MLS# 35047918
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Last Updated: 5 months ago
Data Source: HAR , MLS# 35047918
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