$2,175,000 Last Listed Price
●
House -
Off Market
47 W Terrace Drive
Houston, TX 77007
4 Beds
6 Baths,
1
Half Bath
6,215 Ft²
$2,162,817
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model
About This Property
Stunning representation of luxury living in prestigious Arlington
Court adjacent to Memorial Park. Courtesy Security Patrol & gated
resident entry off Crestwood. An entertainer's delight with a
resort style outdoor setting complete w/pool/new summer
kitchen(Infrared grill/Pellet smoker/fridge/sink/SS
cabinets/granite ctps), full pool bath/hot tub/new artificial turf
in backyard. Remodeled 1st floor w/gourmet kitchen/oversized
island/Fisher & Paykel appliances/custom lighting/custom vent
hood/marble countertops/site-built cabinetry/white oak wood
flooring. Primary Suite w/ sitting room, updated spa-like bath,
custom his/her closets. Secondary bedrooms are all ensuite. 3rd
floor flex room(exercise/bedroom/office) with new bath. Garage
apartment (1998) w/bedroom/living/kitchen/full bath/stacked
washer/dryer/separate entrance(894ft). Oversized double lot,
Generac whole house generator/dry sauna/game rm & wet bar
w/fridge/ice maker, media rm. Impressive Estate Property & A Prime
Location.
Unit Size
6,215 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$350
Property Type
House
Property Taxes
$3,270
HOA Dues
$375
Year Built
1995
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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: 6 months ago (HAR #10479077)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 15, 2023 | Sold | ||
| Sold | |||
| Jul 7, 2023 | Listed by Andrea Danchak | $2,175,000 | |
| Listed by Andrea Danchak | |||
| | |||
|
Stunning representation of luxury living in prestigious Arlington Court adjacent to Memorial Park. Courtesy Security Patrol & gated resident entry off Crestwood. An entertainer's delight with a resort style outdoor setting complete w/pool/new summer kitchen(Infrared grill/Pellet smoker/fridge/sink/SS cabinets/granite ctps), full pool bath/hot tub/new artificial turf in backyard. Remodeled 1st floor w/gourmet kitchen/oversized island/Fisher & Paykel appliances/custom lighting/custom vent hood/marble countertops/site-built cabinetry/white oak wood flooring. Primary Suite w/ sitting room, updated spa-like bath, custom his/her closets. Secondary bedrooms are all ensuite. 3rd floor flex room(exercise/bedroom/office) with new bath. Garage apartment (1998) w/bedroom/living/kitchen/full bath/stacked washer/dryer/separate entrance(894ft). Oversized double lot, Generac whole house generator/dry sauna/game rm & wet bar w/fridge/ice maker, media rm. Impressive Estate Property & A Prime Location.
| |||
| Mar 20, 2019 | Sold | ||
| Sold | |||
| Mar 1, 2019 | Listed by Keller Williams Realty | $1,795,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Gorgeous Memorial Park estate set on a huge corner lot in the prestigious Arlington Court dripping with amenities and waiting for a new discerning owner! Recently repainted with numerous updates and staged the bright and spacious interior is flooded with tons of natural sunlight from dawn to dusk. A luxurious and expertly landscaped backyard awaits its next party with a pool, hot tub, private shower area, built in grill & covered dining area along with a putting green and koi pond. The large kitchen is open to the main indoor entertaining area and equipped with a walk-in refrigerated wine closet that can hold 100s of bottles. Upstairs the master suite has a newly remodeled bath with a balcony that overlooks the backyard and is configured to be accessed via a private stairwell in the rear of the home as you enter from the garage. A mother-in-law suite is set up as a private quarters and comes with its own fully equipped kitchen & bath for live-in help or long-term guests.
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Property Highlights
Garage
Elevator
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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Baths
ft²
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Listed by: Andrea Danchak, Andrea Danchak
Last Updated: 6 months ago
Data Source: HAR , MLS# 10479077
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Last Updated: 6 months ago
Data Source: HAR , MLS# 10479077
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