$695,000 Last Listed Price
●
House -
Off Market
4218 Penn Lane
Fulshear, TX 77406
5 Beds
2 Baths,
1
Half Bath
3,762 Ft²
$921,220
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model
About This Property
A beautiful small horse farm, nestled in the Heart Of Fulshear.
Exceptionally well maintained home with flexible floor plan on 4
acres w/6 stall barn (4 regular stalls and 2 double stalls) barn,
tack room, shower stall, plus 30x24 workshop. Several pastures
cross fenced for horses. Spacious Owner's suite features 3 separate
closets, linen closet, crown molding, updated countertops, sep.
shower and garden tub w/jets. Large family room and updated
kitchen. Cozy sun room that is not included in in the living sq.
ft. Mature and easy to maintain landscaping around the home and
pool. Property has a deep well system providing excellent drinking
water for the house, as well as extensive irrigation for the
gardens and pool. This is a must see home and property. 2
additional acres are optional for a total of 6 acres.
Unit Size
3,762 Ft²
Days on Market
-
Land Size
4.00 acres
Price per sqft
$185
Property Type
House
Property Taxes
$1,064
HOA Dues
$18
Year Built
1984
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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 #6230917)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 30, 2020 | Sold | ||
| Sold | |||
| Mar 19, 2020 | Listed by RE/MAX Cinco Ranch | $695,000 | |
| Listed by RE/MAX Cinco Ranch | |||
| | |||
|
A beautiful small horse farm, nestled in the Heart Of Fulshear. Exceptionally well maintained home with flexible floor plan on 4 acres w/6 stall barn (4 regular stalls and 2 double stalls) barn, tack room, shower stall, plus 30x24 workshop. Several pastures cross fenced for horses. Spacious Owner's suite features 3 separate closets, linen closet, crown molding, updated countertops, sep. shower and garden tub w/jets. Large family room and updated kitchen. Cozy sun room that is not included in in the living sq. ft. Mature and easy to maintain landscaping around the home and pool. Property has a deep well system providing excellent drinking water for the house, as well as extensive irrigation for the gardens and pool. This is a must see home and property. 2 additional acres are optional for a total of 6 acres.
| |||
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 Fulshear
Similar Homes for Sale
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Listed by: Daniel Curtis, RE/MAX Cinco Ranch
Last Updated: 5 months ago
Data Source: HAR , MLS# 6230917
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Last Updated: 5 months ago
Data Source: HAR , MLS# 6230917
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