$1,199,000 Last Listed Price
●
House -
Off Market
4511 Teas
Bellaire, TX 77401
4 Beds
3 Baths,
3
Half Baths
5,760 Ft²
$8,008
Est. Monthly
About This Property
Teas Street, just one block long inside the Loop, is among the most
desirable locations in the City of Bellaire. A short walk to
Evelyn's Park and near the Nature Center, Evergreen Park &
exemplary Horn Elem. This large home (5,760 SF/HCAD) is ready for
your updates and occupies an oversized lot (11,614 SF) framed by a
spreading live oak tree. The central double story Family Room is
bathed in light from its wall of tall windows. Spacious: featuring
generous, open spaces ready for an active family or entertaining a
crowd. Great flow: SEE the attached Floor Plan. The east wing
cradles the secluded downstairs Primary, marble Bath, and an
impressive wood paneled Library. The west side offers the expansive
formal Dining, roomy Kitchen and downstairs Game Room. The spacious
secondary bedrooms and bookshelf lined study are upstairs along
with an adjoining 17 x 16 unfinshed space with stub outs for a
future bathroom. Convenient access to the TMC, Galleria, Downtown &
West Park tollway.
Unit Size
5,760 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$208
Property Type
House
Property Taxes
$2,120
HOA Dues
-
Year Built
1990
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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 #49717198)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 9, 2024 | Sold | ||
| Sold | |||
| Nov 9, 2023 | Listed by Keller Williams Realty Metropolitan | $1,199,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
| | |||
|
Teas Street, just one block long inside the Loop, is among the most desirable locations in the City of Bellaire. A short walk to Evelyn’s Park and near the Nature Center, Evergreen Park & exemplary Horn Elem. This large home (5,760 SF/HCAD) is ready for your updates and occupies an oversized lot (11,614 SF) framed by a spreading live oak tree. The central double story Family Room is bathed in light from its wall of tall windows. Spacious: featuring generous, open spaces ready for an active family or entertaining a crowd. Great flow: SEE the attached Floor Plan. The east wing cradles the secluded downstairs Primary, marble Bath, and an impressive wood paneled Library. The west side offers the expansive formal Dining, roomy Kitchen and downstairs Game Room. The spacious secondary bedrooms and bookshelf lined study are upstairs along with an adjoining 17 x 16 unfinshed space with stub outs for a future bathroom. Convenient access to the TMC, Galleria, Downtown & West Park tollway.
| |||
Property Highlights
Air Conditioning
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 Southwest Houston
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Listed by: Mike Livingston, Keller Williams Realty Metropolitan
Last Updated: 5 months ago
Data Source: HAR , MLS# 49717198
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Last Updated: 5 months ago
Data Source: HAR , MLS# 49717198
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