$990,000 Last Listed Price
●
House -
Off Market
4622 Mittlestedt Road
Houston, TX 77069
4 Beds
2 Baths,
2
Half Baths
6,757 Ft²
$990,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model
About This Property
Ideal property for a mix/flex industrial development, this 3-acre
property offers endless opportunities. The 6,757 sq. ft. facility
is located in an unrestricted area and comes with a large open,
high-ceilinged waiting room, six+ private rooms, plenty of storage,
an office, an indoor 21x42 swimming pool enclosed in a 33x66
building with ventilation, an 18x27 gymnasium, a separate 27x27
apartment, an oversized garage with workshop, carport, pond and
waterfalls, plenty of oak trees, and tranquil views all in the
heart of FM 1960/Champions area. This property is perfect for an
executive home, wedding facility, private club, spa, dance studio,
antique dealer auction site, retreat facility, or even a veterinary
facility since horses or other animals are welcomed! There is also
room to build a business in front of the fenced property, offering
possible supplemental income from retail or office buildings, as it
is an unrestricted area.
Unit Size
6,757 Ft²
Days on Market
-
Land Size
3.00 acres
Price per sqft
$147
Property Type
House
Property Taxes
$1,302
HOA Dues
-
Year Built
1992
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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 #56738409)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 8, 2023 | Sold | ||
| Sold | |||
| Oct 10, 2023 | Listed by eXp Realty, LLC | $990,000 | |
| Listed by eXp Realty, LLC | |||
| | |||
|
Ideal property for a mix/flex industrial development, this 3-acre property offers endless opportunities. The 6,757 sq. ft. facility is located in an unrestricted area and comes with a large open, high-ceilinged waiting room, six+ private rooms, plenty of storage, an office, an indoor 21x42 swimming pool enclosed in a 33x66 building with ventilation, an 18x27 gymnasium, a separate 27x27 apartment, an oversized garage with workshop, carport, pond and waterfalls, plenty of oak trees, and tranquil views all in the heart of FM 1960/Champions area. This property is perfect for an executive home, wedding facility, private club, spa, dance studio, antique dealer auction site, retreat facility, or even a veterinary facility since horses or other animals are welcomed! There is also room to build a business in front of the fenced property, offering possible supplemental income from retail or office buildings, as it is an unrestricted area.
| |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Baths
ft²
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HOA + Taxes
About Harris
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Listed by: Kyle Heffron, eXp Realty, LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 56738409
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Last Updated: 4 months ago
Data Source: HAR , MLS# 56738409
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