$3,900,000 Last Listed Price
●
House -
Off Market
4006 Inverness Drive
Houston, TX 77019
6 Beds
5 Baths,
2
Half Baths
7,312 Ft²
$4,389,266
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
AUCTION BIDDING OPEN: Bidding ends September 30. Previously listed
for $5.5M. Reserve $3.9M. Current High Bid $3.5M. Showings: 12-3PM
(Mon to Sat); 1-4PM (Sun). Nestled on private oak and azalea lined
Inverness Drive is this one acre oasis. Backing to a creek with
park-like grounds and mature trees, the property has a private and
secluded feel. Located within the sought after Tall Timbers section
of River Oaks, this property features an existing 7,312 square foot
home but is being offered at "lot value", ideal for anyone looking
to construct a custom home to their own specifications in a prime
location. Travel up the double-wide brick driveway that circles
beneath the stately grand entrance to the front of the house. The
existing covered rear porch transitions to a wooden walkway leading
into the dense greenery beyond, past the greenhouse and the
in-ground pool and hot tub with sprawling wood deck.
Unit Size
7,312 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$533
Property Type
House
Property Taxes
$9,373
HOA Dues
$283
Year Built
1994
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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 #3865033)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 25, 2023 | Sold | ||
| Sold | |||
| Jun 26, 2023 | Listed by Martha Turner Sotheby's International Realty | $5,999,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| | |||
|
A true, 1-acre lot and a rare find and tucked away in the Tall Timbers section of River Oaks. This newly remodeled home offers elevator, wide plank oak flooring throughout, clean lines, soaring ceilings, custom finishes, and 1st floor primary bedroom. Plenty of large walls throughout for art displays and abundant natural lighting from extra windows and fewer neighbors. Kitchen complete with marble countertops, working island, breakfast and sitting area. Downstairs primary suite and bathroom expertly positioned and indulges with spacious bedroom, sitting area, closet, and porcelain-clad bathroom. Second floor rooms offer multitude of uses or additional bedrooms. A sizable game room overlooks pool and back of the estate. Backyard features an outdoor covered loggia, rejuvenated pool, and garage apartment or another work office/station. Centrally located to Galleria, Downtown, and River Oaks Shopping/Restaurant Districts. Luxury & refined sophistication flourishes throughout the home.
| |||
| Oct 26, 2021 | Sold | ||
| Sold | |||
| May 12, 2021 | Listed by Martha Turner Sotheby's | $3,900,000 | |
| Listed by Martha Turner Sotheby's | |||
| | |||
|
AUCTION BIDDING OPEN: Bidding ends September 30. Previously listed for $5.5M. Reserve $3.9M. Current High Bid $3.5M. Showings: 12-3PM (Mon to Sat); 1-4PM (Sun). Nestled on private oak and azalea lined Inverness Drive is this one acre oasis. Backing to a creek with park-like grounds and mature trees, the property has a private and secluded feel. Located within the sought after Tall Timbers section of River Oaks, this property features an existing 7,312 square foot home but is being offered at “lot value”, ideal for anyone looking to construct a custom home to their own specifications in a prime location. Travel up the double-wide brick driveway that circles beneath the stately grand entrance to the front of the house. The existing covered rear porch transitions to a wooden walkway leading into the dense greenery beyond, past the greenhouse and the in-ground pool and hot tub with sprawling wood deck.
| |||
Property Highlights
Elevator
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Central Houston
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Listed by: Walter Bering, Martha Turner Sotheby's
Last Updated: 5 months ago
Data Source: HAR , MLS# 3865033
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Last Updated: 5 months ago
Data Source: HAR , MLS# 3865033
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