$419,000 Last Listed Price
●
House -
Off Market
4392 Varsity Lane
Houston, TX 77004
3 Beds
3 Baths
1,841 Ft²
$2,676
Est. Monthly
$22
HOA / Fees
About This Property
This charming 3-bedroom/3-bathoom/2-car garage is located in the
highly desirable University Oaks neighborhood, just one block from
the University of Houston. Recent updates include a new roof, new
driveway, fresh interior paint throughout the home, light fixtures,
ceiling fan, and an electric fireplace in the family room. The
kitchen features Quartz countertops, stainless steel appliances and
lots of cabinets. The washer and dryer are included. Hardwood
floors can be found in the living room, study/office, and bedrooms
while the bathroom areas are tiled. The private master suite offers
a garden tub, frameless shower, dual vanities, and a walk-in
closet. The fully fenced backyard provides a large patio, ideal for
outdoor living. Conveniently located near transformed UH main
campus, and is just minutes away from major highways (I-45, Hwy 90,
288), the Metro, the Medical Center, the Museum District, as well
as popular restaurants, nightlife, and more.
Unit Size
1,841 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$228
Property Type
House
Property Taxes
$596
HOA Dues
$22
Year Built
1946
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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 #31587636)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 27, 2025 | Sold | ||
| Sold | |||
| Jan 10, 2025 | In contract | - | |
| In contract | |||
| Nov 20, 2024 | Listed by RE/MAX Fine Properties | $419,000 | |
| Listed by RE/MAX Fine Properties | |||
| | |||
|
This charming 3-bedroom/3-bathoom/2-car garage is located in the highly desirable University Oaks neighborhood, just one block from the University of Houston. Recent updates include a new roof, new driveway, fresh interior paint throughout the home, light fixtures, ceiling fan, and an electric fireplace in the family room. The kitchen features Quartz countertops, stainless steel appliances and lots of cabinets. The washer and dryer are included. Hardwood floors can be found in the living room, study/office, and bedrooms while the bathroom areas are tiled. The private master suite offers a garden tub, frameless shower, dual vanities, and a walk-in closet. The fully fenced backyard provides a large patio, ideal for outdoor living. Conveniently located near transformed UH main campus, and is just minutes away from major highways (I-45, Hwy 90, 288), the Metro, the Medical Center, the Museum District, as well as popular restaurants, nightlife, and more.
| |||
| Apr 23, 2019 | Sold | ||
| Sold | |||
| Mar 7, 2019 | Listed by RE/MAX Northwest, REALTORS | $299,999 | |
| Listed by RE/MAX Northwest, REALTORS | |||
| | |||
|
NO FLOOD during Harvey. Quiet 3 Bedroom,. 2 full bath home , with nice touches. Wood and tile flooring throughout the entire home, no carpet. Lots of shelves, separate shower with garden tub in master bath, and much more. Setup your showings today.
| |||
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: Ken Luu, RE/MAX Fine Properties
Last Updated: 4 months ago
Data Source: HAR , MLS# 31587636
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Last Updated: 4 months ago
Data Source: HAR , MLS# 31587636
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