$299,000 Last Listed Price
●
House -
Off Market
5019 Royal Arbor Lane
Houston, TX 77084
3 Beds
2 Baths
1,714 Ft²
$2,133
Est. Monthly
$54
HOA / Fees
About This Property
Nice size house with open floor plan, high ceiling. Roof 2020.
Carpet 2023 at all bedrooms and gameroom. Wood tiles through out
living / dining, breakfast, kitchen and bathroom. Nice size living
room with fireplace. Combine area of kitchen and breakfast. Very
bright house with many windows. Separate shower & garden bathtub
with 2 sink in master bathroom and walk-in closet gives owners
great convenience. Nice size backyard with a patio for weekend
entertainment. Quiet neighborhood. Community has swimming pool.
Great CY-FAIR ISD schools. Minutes to I-10, Highway 6, shopping
center, markets, churches.....
Unit Size
1,714 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$174
Property Type
House
Property Taxes
$610
HOA Dues
$54
Year Built
2006
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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 #9023188)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 21, 2024 | Sold | ||
| Sold | |||
| Feb 23, 2024 | In contract | - | |
| In contract | |||
| Feb 14, 2024 | Listed by V-Pro Realtors | $299,000 | |
| Listed by V-Pro Realtors | |||
| | |||
|
Nice size house with open floor plan, high ceiling. Roof 2020. Carpet 2023 at all bedrooms and gameroom. Wood tiles through out living / dining, breakfast, kitchen and bathroom. Nice size living room with fireplace. Combine area of kitchen and breakfast. Very bright house with many windows. Separate shower & garden bathtub with 2 sink in master bathroom and walk-in closet gives owners great convenience. Nice size backyard with a patio for weekend entertainment. Quiet neighborhood. Community has swimming pool. Great CY-FAIR ISD schools. Minutes to I-10, Highway 6, shopping center, markets, churches.....
| |||
| Mar 17, 2023 | Sold | ||
| Sold | |||
| Jan 13, 2023 | Listed by Compass RE Texas, LLCKaty | $310,000 | |
| Listed by Compass RE Texas, LLCKaty | |||
| | |||
|
Experience the perfect blend of convenience and comfort at 5019 Royal Arbor Lane - your new home in West Houston's Lakes of Pine Forest community. With a fully replaced roof in 2020 and close proximity to Highway 6 and I-10, enjoy easy access to all the dining and shopping the area has to offer. This 3 bedroom, 2 bath home boasts new carpet, a versatile paly room or game room, formal dining room, cozy living room with fireplace, large kitchen with breakfast space, and a backyard patio perfect for weekend BBQs. Schedule your private showing today and discover all that this home has to offer!
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Lakes of Pine Forest
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Listed by: Jade Ngoc Truong, V-Pro Realtors
Last Updated: 5 months ago
Data Source: HAR , MLS# 9023188
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Last Updated: 5 months ago
Data Source: HAR , MLS# 9023188
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