$270,000
↓ $15K (6.4%)
●
Condo -
Off Market
4900 Floyd Street #5
Houston, TX 77007
2 Beds
2 Baths,
1
Half Bath
1,038 Ft²
$1,777
Est. Monthly
$451
HOA / Fees
7.47%
Cap Rate
About This Property
Great investment property in a lovely gated community in the heart
of Rice Military. This charming 1 bedroom, 1.5 bath (with large
extra room loft) condo features high ceilings, tons of natural
light, wood floors, granite counter tops and single car garage with
storage/work area. Unit is walking distance to many great
restaurants, bars and shops along Shepherd/Durham and Washington
Ave as well as a quick bike ride to the Buffalo Bayou Trail.
Additional parking available of Floyd st. Washer/Dryer included.
Trash and water included.
**Unit is rented until Aug 2024** New owner must honor current lease agreement
**Unit is rented until Aug 2024** New owner must honor current lease agreement
Unit Size
1,038 Ft²
Days on Market
-
Land Size
-
Price per sqft
$260
Property Type
Condo
Property Taxes
-
HOA Dues
$451
Year Built
-
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Cap Rate Calculator
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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: 3 years ago (HAR #50869152)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 7, 2025 | Price Decreased |
$220,000
↓ $15K
(6.4%) | |
| Price Decreased | |||
| Dec 13, 2024 | No longer available | - | |
| No longer available | |||
| Dec 12, 2024 | Listed | $235,000 | |
| Listed | |||
| | |||
|
Stunning loft condominium situated within a secure gated community in the vibrant Rice Military/Washington Corridor area! Conveniently located within walking distance to Memorial Park, Buffalo Bayou Trails, renowned dining spots, bars, and boutique shops. Plus, a new bike trail is set to enhance the area's charm. This unit boasts 2 bedrooms, 1.5 baths, and a 1-car attached garage. The living/dining area features a captivating 2-story vaulted ceiling, flooding the space with natural light, complemented by a cozy fireplace and laminate flooring. The updated kitchen showcases granite countertops and stainless steel appliances. A beautifully renovated full bath offers granite countertops and a luxurious jetted bathtub. The gated property is meticulously maintained and includes amenities such as a pool and an additional parking spot in front of the building. Monthly HOA dues cover insurance, exterior building maintenance, landscaping, community pool upkeep, water, and trash removal.
| |||
| Oct 30, 2024 | No longer available | - | |
| No longer available | |||
| Oct 29, 2024 | Listed by RE/MAX Signature | $245,000 | |
| Listed by RE/MAX Signature | |||
| | |||
|
Stunning loft condominium situated within a secure gated community in the vibrant Rice Military/Washington Corridor area! Conveniently located within walking distance to Memorial Park, Buffalo Bayou Trails, renowned dining spots, bars, and boutique shops. Plus, a new bike trail is set to enhance the area's charm. This unit boasts 2 bedrooms, 1.5 baths, and a 1-car attached garage. The living/dining area features a captivating 2-story vaulted ceiling, flooding the space with natural light, complemented by a cozy fireplace and laminate flooring. The updated kitchen showcases granite countertops and stainless steel appliances. A beautifully renovated full bath offers granite countertops and a luxurious jetted bathtub. The gated property is meticulously maintained and includes amenities such as a pool and an additional parking spot in front of the building. Monthly HOA dues cover insurance, exterior building maintenance, landscaping, community pool upkeep, water, and trash removal.
| |||
Show More
Property Highlights
Air Conditioning
Parking Details
Has Garage
Garage Features: Attached Garage
Garage: 1 Spaces
Parking Features: Additional Parking, Auto Garage Door Opener
Interior Details
Bedrooms: 2
Bedrooms: Primary Bed - 1st Floor, Walk-In Closet
Full Bathrooms: 1
Half Bathrooms: 1
Appliances: Dryer Included, Stacked, Washer Included
Flooring: Carpet, Wood
Fireplaces: 1
Living Area SqFt: 1038
Exterior Details
Year Built: 1985
Year Built Source: Appraisal District
Home Type: Townhouse/Condo
Property Sub Type: Condominium
Architectural Style: Traditional
Construction materials: Brick, Cement Board
Foundation: Slab
Roof: Composition
Exterior Features: Fenced, Front Green Space
Financial Details
Parcel Number: 116-435-002-0008
Utilities Details
Heating Type: Central Electric
Cooling Type: Central Electric
Sewer Septic: Public Sewer, Public Water
Location Details
Location: From I-10 and Durham: South on Durham, turn right on Floyd St, Unit on the right
Subdivision: Sandman Courts Condo
HOA Details
HOA Fee: $451
HOA Fee Includes: Exterior Building, Grounds, Trash Removal, Water and Sewer
HOA Fee Pay Schedule: Monthly
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/15/2025
|
2 Bed
|
2 Bath
|
1228 ft²
|
$264,999
2 Bed
2 Bath
1228 ft²
|
-
-
|
Sally Harris
Coldwell Banker Realty
| |
|
07/18/2025
|
2 Bed
|
2 Bath
|
1228 ft²
|
$259,000
2 Bed
2 Bath
1228 ft²
|
$230,000
-11.20%
05/01/2026
|
Lacy DeSouza
Coldwell Banker Realty - Heights
| |
|
06/20/2025
|
2 Bed
|
1 Bath
|
936 ft²
|
$250,000
2 Bed
1 Bath
936 ft²
|
-
-
|
Huy Dinh
Keller Williams Signature
| |
|
01/13/2024
|
2 Bed
|
2 Bath
|
1038 ft²
|
$270,000
2 Bed
2 Bath
1038 ft²
|
-
-
|
Carrie Lam
RE/MAX Signature Galleria
| |
|
07/13/2023
|
2 Bed
|
2 Bath
|
1038 ft²
|
$270,000
2 Bed
2 Bath
1038 ft²
|
-
-
|
Jeri Jensen
Circa Real Estate LLC
| |
|
06/24/2023
|
2 Bed
|
2 Bath
|
936 ft²
|
$285,500
2 Bed
2 Bath
936 ft²
|
$275,000
-3.68%
08/04/2023
|
Ariel Villarreal
Coldwell Banker Realty - Heights
| |
|
06/03/2023
|
2 Bed
|
2 Bath
|
1228 ft²
|
$275,000
2 Bed
2 Bath
1228 ft²
|
$263,000
-4.36%
06/27/2023
|
Anthony Bruti
1 Percent Lists Bruti Group
| |
|
10/20/2021
|
2 Bed
|
2 Bath
|
936 ft²
|
$254,900
2 Bed
2 Bath
936 ft²
|
$250,000
-1.92%
02/03/2022
|
Karmen Kelley
Keller Williams Realty Metropolitan
| |
|
06/17/2021
|
2 Bed
|
2 Bath
|
936 ft²
|
$249,900
2 Bed
2 Bath
936 ft²
|
$249,900
08/06/2021
|
Katy To
eXp Realty LLC
| |
|
03/22/2021
|
2 Bed
|
1 Bath
|
936 ft²
|
$235,000
2 Bed
1 Bath
936 ft²
|
$240,000
+2.13%
06/01/2021
|
Judy Cohen
Martha Turner Sotheby's
| |
|
09/21/2018
|
2 Bed
|
2 Bath
|
936 ft²
|
$215,000
2 Bed
2 Bath
936 ft²
|
$195,000
-9.30%
01/25/2019
|
Betty Haynes
Hometeq Real Estate
| |
|
08/13/2018
|
2 Bed
|
2 Bath
|
1228 ft²
|
-
2 Bed
2 Bath
1228 ft²
|
-
-
|
-
|
Building Info
About Central Houston
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Listed by: Jeri Jensen, Circa Real Estate LLC
Last Updated: 3 years ago
Data Source: HAR , MLS# 50869152
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Last Updated: 3 years ago
Data Source: HAR , MLS# 50869152
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