$1,250,000
●
House -
For Sale
417 White Wing Lane
Houston, TX 77079
3 Beds
2 Baths,
1
Half Bath
4,981 Ft²
$8,122
Est. Monthly
About This Property
LOCATION, LOCATION, LOCATION. Nestled in the prestigious Memorial
Drive Acres among its iconic strolling peacocks, this expansive
4,891 SF residence sits on a premier 27,543 SF wooded lot (0.62
acres). The home's grand footprint includes a spacious game room, a
formal living room, and a large family room, offering a rare
opportunity to renovate or rebuild on one of Memorial's most
desirable streets. Secured by a driveway gate and surrounded by
mature trees, the property offers ultimate privacy while remaining
just minutes from top rated Spring Branch ISD schools. This
property can be purchased individually or as part of a larger 4.26
acre portfolio with adjacent parcel, a 3.71 acre tract (MLS
#52992211), offering unparalleled development potential in Memorial
West. Whether you enhance the existing home or build a custom
family compound, this is a rare chance to create something
exceptional in one of Houston's most storied neighborhoods.
Unit Size
4,981 Ft²
Days on Market
-
Land Size
0.62 acres
Price per sqft
$251
Property Type
House
Property Taxes
$1,984
HOA Dues
-
Year Built
1962
Listed By
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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: 9 days ago (HAR #16894208)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 8, 2026 | Relisted | $1,250,000 | |
| Relisted | |||
| Apr 22, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Apr 20, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 20, 2026 | Listed by Trailview Realty | $1,250,000 | |
| Listed by Trailview Realty | |||
| Nov 8, 2025 | Listed by Walzel Properties - Corporate Office | $1,250,000 | |
| Listed by Walzel Properties - Corporate Office | |||
| | |||
|
Exceptional 0.63-acre tract in Memorial West — ideal for a four-home development site (subject to restrictions) or a single custom build. This flat, buildable lot offers direct street access, mature trees, and available utilities in one of Houston’s most sought-after neighborhoods. Surrounded by luxury homes and zoned to top-rated schools, the property provides excellent potential for builders, investors, or buyers seeking a boutique infill opportunity.
Also available: two adjacent parcels — 3.03 acre (MLS #68012975) and 0.57 acre (MLS #42037118) — which may be purchased individually or together as part of a combined 4.26-acre portfolio. Contact listing agent for details.
| |||
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Additional Parking, Driveway, Driveway
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: 2 Bedrooms Up, Primary Bed - 1st Floor, Walk-In Closet(s)
Appliances: Disposal, Double Oven, Microwave, Gas Cooktop, Dishwasher, Instant Hot Water
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Has Fireplace
Fireplace Features: Gas, Gas Log
Fireplaces: 1
Exterior Details
Square Footage: 4981
Architectural Style: Traditional
Year Built: 1962
Building Area Total: 4981
Construction Materials: Brick, Cement Siding, Stone, Wood Siding
Lot Features: Cul-De-Sac, Subdivided, Wooded, 1/2 Up to 1 Acre
Lot Size Area: 0.62
Lot Size Units: Acres
Lot Size Acres: 0.62
Lot Size Square Feet: 27007.2
Water Source: Public
Financial Details
Tax Annual Amount: $23,806
Utilities Details
Cooling Type: Electric
Heating Type: Natural Gas
Sewer : Public Sewer
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: Rashad Ajalov, Trailview Realty
Last Updated: 9 days ago
Data Source: HAR , MLS# 16894208
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Last Updated: 9 days ago
Data Source: HAR , MLS# 16894208
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