$1,025,000 Last Listed Price
●
House -
Off Market
429 Benignus Road
Houston, TX 77024
5 Beds
3 Baths
2,926 Ft²
$1,018,606
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
Soft contemporary 5 bedroom home on a beautifully wooded 0.42 acre
lot. Den overlooks a large backyard backing up to a small
creek. One of only two residential addresses on Benignus
Road, in a walkable neighborhood with world-class shopping just a
short drive to City Centre and Memorial City. Zoned to
Frostwood Elementary, Memorial Midldle and Memorial High.
Never flooded. All descriptions per Seller, acreage per
HCAD. Buyers to verify all information and dimensions.
Unit Size
2,926 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$350
Property Type
House
Property Taxes
$1,911
HOA Dues
-
Year Built
1955
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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 #7021696)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 5, 2024 | Sold | ||
| Sold | |||
| Nov 30, 2024 | In contract | - | |
| In contract | |||
| Nov 13, 2024 | Price Decreased |
$1,199,000
↓ $70K
(5.5%) | |
| Price Decreased | |||
| Oct 22, 2024 | Price Increased |
$1,269,000
↑ $70K
(5.8%) | |
| Price Increased | |||
| Sep 24, 2024 | Listed by Compass RE Texas, LLC - Memorial | $1,199,000 | |
| Listed by Compass RE Texas, LLC - Memorial | |||
| | |||
|
Discover the perfect canvas for your dream home at 429 Benignus, a spacious 18,465 sq ft lot nestled in a private setting and never flooded. The old house and surrounding trees have been removed, providing a clean slate for your new build. You'll appreciate the privacy offered by the forested reserve on the back and right sides. A small, natural spring creek adds a touch of tranquility to the rear of the lot. The lot includes a topographical and tree survey as well as a soil test report, with engineered foundation plans and architectural drawings for a new house readily available. With many new homes constructed in the immediate area over the past year, this is a prime location for your next project. Don't miss this unique opportunity to create your ideal home in a thriving and beautiful community. Lot is zoned to Frostwood, Memorial Middle and Memorial High.
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Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Kelton Tonn, Blackacre Properties
Last Updated: 4 months ago
Data Source: HAR , MLS# 7021696
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Last Updated: 4 months ago
Data Source: HAR , MLS# 7021696
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