$315,000 Last Listed Price
●
House -
Off Market
4823 Braesvalley Drive
Houston, TX 77096
3 Beds
2 Baths
3,039 Ft²
$417,532
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model
About This Property
Price reduced! Oversized 13,622 square foot lot with well
tended trees grace the front lawn in Meyerland perfect for a your
new dream home. Lot is surrounded by many newly built, gorgeous
homes. Lot is zoned to seeking after schools Lovett
Elementary and Bellaire High School. It is very close to the
Medical Center, the Galleria area, Downtown.
Current home experienced flooding and is being sold ''as is'' for lot value. No repair will be done by seller.
Build your home on this perfect lot!. Adjacent lot 4819 Braesvalley is also for sale.
Current home experienced flooding and is being sold ''as is'' for lot value. No repair will be done by seller.
Build your home on this perfect lot!. Adjacent lot 4819 Braesvalley is also for sale.
Unit Size
3,039 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$104
Property Type
House
Property Taxes
$654
HOA Dues
$44
Year Built
1955
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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 #91359540)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 2, 2026 | Sold | ||
| Sold | |||
| Jan 30, 2026 | In contract | - | |
| In contract | |||
| Jan 16, 2026 | Listed by Womack Development & Investment Realtors | $450,000 | |
| Listed by Womack Development & Investment Realtors | |||
   | |||
|
Prime 13,622 SF residential lot located in highly desirable Meyerland Section 4—an exceptional opportunity to build your custom dream home. Ideally situated with convenient access to Loop 610, this property is just minutes from Houston’s premier destinations, including the Texas Medical Center, Rice University, NRG Stadium, and the Galleria. Nestled in a quiet and established neighborhood, the surrounding area continues to thrive with newly constructed million-dollar homes, highlighting both the prestige of the community and its strong investment potential. Enjoy everyday convenience with Meyerland Plaza just blocks away, featuring H-E-B, retail shopping, and dining options. Families will value the close proximity to Blue Ribbon–rated Lovett Elementary School and Meyerland Park, both within a short three-minute drive. Discover the possibilities at 4823 Braesvalley Drive—where location, lifestyle, and long-term value come together for an outstanding new construction opportunity.
| |||
| Sep 21, 2023 | Sold | ||
| Sold | |||
| Apr 4, 2023 | Listed by Brombacher & Co. | $399,000 | |
| Listed by Brombacher & Co. | |||
| | |||
|
LOT VALUE ONLY!!! Excellent location!
Great opportunity to build your dream home on this large 13,622 sf. lot (per HCAD) located in the highly desirable Meyerland Area! Across from Brays Bayou. This lot is surrounded by new construction. Conveniently located close to the Texas Medical Center, Galleria, Downtown and easy access to 610. Zoned to Lovett Elementary and Bellaire High School.
This house can be torn down or elevated and remodeled.
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About Southwest Houston
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Listed by: Alex Nguyen, Champions Real Estate Group
Last Updated: 4 months ago
Data Source: HAR , MLS# 91359540
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Last Updated: 4 months ago
Data Source: HAR , MLS# 91359540
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