$849,000 Last Listed Price
●
House -
Off Market
427 Electra Drive
Houston, TX 77024
4 Beds
3 Baths
2,924 Ft²
$5,976
Est. Monthly
$36
HOA / Fees
About This Property
Situated on a wooded lot, this home offers a versatile floor plan
with 4 bedrooms, including 2 primary suites, one of which could be
transformed into a game room or additional living space, offering
endless possibilities to tailor the home to your lifestyle. As you
step inside, you are greeted by the formal living area, perfect for
hosting with ample room for seating. The warm den exudes comfort
with a cozy fireplace & high ceilings adorned with wood detail.
Open-concept kitchen seamlessly connects to the den, boasting
granite counters & SS appliances, including a gas range & open wood
shelving, providing both functionality & style. Office/study with
French doors. Serene backyard overlooks the tranquil Edith Moore
Sanctuary, offering a private wooded setting for relaxation &
enjoying nature's beauty right at your doorstep. Conveniently
located near Town & Country/City Centre, Terry Hershey Park, this
home provides easy access to a myriad of shopping, dining &
recreation. Zoned to SBISD
Unit Size
2,924 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$290
Property Type
House
Property Taxes
$1,771
HOA Dues
$36
Year Built
1957
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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: 4 months ago (HAR #30349217)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 16, 2024 | Sold | ||
| Sold | |||
| Dec 16, 2023 | In contract | - | |
| In contract | |||
| Dec 1, 2023 | Listed by Compass RE Texas, LLC - Memorial | $849,000 | |
| Listed by Compass RE Texas, LLC - Memorial | |||
| | |||
|
Situated on a wooded lot, this home offers a versatile floor plan with 4 bedrooms, including 2 primary suites, one of which could be transformed into a game room or additional living space, offering endless possibilities to tailor the home to your lifestyle. As you step inside, you are greeted by the formal living area, perfect for hosting with ample room for seating. The warm den exudes comfort with a cozy fireplace & high ceilings adorned with wood detail. Open-concept kitchen seamlessly connects to the den, boasting granite counters & SS appliances, including a gas range & open wood shelving, providing both functionality & style. Office/study with French doors. Serene backyard overlooks the tranquil Edith Moore Sanctuary, offering a private wooded setting for relaxation & enjoying nature's beauty right at your doorstep. Conveniently located near Town & Country/City Centre, Terry Hershey Park, this home provides easy access to a myriad of shopping, dining & recreation. Zoned to SBISD
| |||
| Oct 6, 2023 | Sold | ||
| Sold | |||
| Aug 1, 2023 | Listed by Greenwood King Properties | $749,000 | |
| Listed by Greenwood King Properties | |||
| | |||
|
Light, bright, open and amazing! Gorgeous updated traditional 4 bedroom - 3 bath home in desirable Memorial Bend. Beautiful lot that backs up to the Edith Moore Nature Sanctuary, that means no back neighbors! Modern open concept with study & dining rooms that open to a back family room. The family room is connected with the breakfast room and kitchen by a gorgeous, unique shed ceiling stained to complement the gleaming hardwood floors found throughout the home. Twin French doors in the family room allow natural light and ease for outdoor entertaining. The chef’s kitchen is highlighted with granite countertops, SS appliances, center island & open shelving. Three bedrooms down and an awesome primary suite up w/ cathedral ceiling & en-suite spa-like bath, double sinks and over-sized closet. Dual paned windows, plantation shutters & dramatic high ceilings finish out this beautiful home. Zoned to Spring Branch ISD schools (Buyer to verify eligibility). All info is per Seller.
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Westside
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Listed by: Kimberly Perdomo, Compass RE Texas, LLC - Memorial
Last Updated: 4 months ago
Data Source: HAR , MLS# 30349217
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Last Updated: 4 months ago
Data Source: HAR , MLS# 30349217
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