$5,550,000 Last Listed Price
●
House -
Off Market
502 Longwoods Lane
Houston, TX 77024
6 Beds
6 Baths,
3
Half Baths
9,075 Ft²
$34,054
Est. Monthly
$280
HOA / Fees
About This Property
Experience the harmony of traditional elegance and modern
sophistication in this custom Abercrombie masterpiece, tucked
within the serene trees of Longwoods. As you enter through the
grand foyer, you're greeted by breathtaking terrace views. The
stately dining room flows seamlessly to a well-appointed kitchen
via a butler's pantry, while the cozy living room features a gas
log fireplace, opening into inviting family spaces. The Gallery
provides a versatile entertainment area leading to incomparable
outdoor living spaces. Delight in the expansive library and lavish
first floor primary suite, complete with a spacious walk-in closet.
The upper level boasts large gameroom, media room, workout room,
craft room along with five generously sized bedrooms, all with
ensuite baths and walk-in closets. Enjoy outdoor living with a
stunning saltwater pool and spa, accompanied by a stylish limestone
Loggia and outdoor kitchen. Generator ready.
Unit Size
9,075 Ft²
Days on Market
-
Land Size
0.64 acres
Price per sqft
$612
Property Type
House
Property Taxes
$6,522
HOA Dues
$280
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: 6 months ago (HAR #57511382)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 31, 2025 | Sold | ||
| Sold | |||
| Jan 3, 2025 | In contract | - | |
| In contract | |||
| Nov 19, 2024 | Listed by Martha Turner Sotheby's International Realty | $5,550,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| | |||
|
Experience the harmony of traditional elegance and modern sophistication in this custom Abercrombie masterpiece, tucked within the serene trees of Longwoods. As you enter through the grand foyer, you're greeted by breathtaking terrace views. The stately dining room flows seamlessly to a well-appointed kitchen via a butler's pantry, while the cozy living room features a gas log fireplace, opening into inviting family spaces. The Gallery provides a versatile entertainment area leading to incomparable outdoor living spaces. Delight in the expansive library and lavish first floor primary suite, complete with a spacious walk-in closet. The upper level boasts large gameroom, media room, workout room, craft room along with five generously sized bedrooms, all with ensuite baths and walk-in closets. Enjoy outdoor living with a stunning saltwater pool and spa, accompanied by a stylish limestone Loggia and outdoor kitchen. Generator ready.
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Westside
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Listed by: Virginia Galtney, Martha Turner Sotheby's International Realty
Last Updated: 6 months ago
Data Source: HAR , MLS# 57511382
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Last Updated: 6 months ago
Data Source: HAR , MLS# 57511382
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