$1,675,000 Last Listed Price
●
House -
Off Market
502 Rancho Bauer Drive
Houston, TX 77079
5 Beds
3 Baths,
1
Half Bath
4,553 Ft²
$10,000
Est. Monthly
$33
HOA / Fees
About This Property
This home is a on a sprawling 38,376 sq. ft. lot. The expansive
5-bed, 3.5-bath home has a large primary bedroom w/fireplace,
huge bath, and closets you'll love - on the first floor. There's a
2nd private bedroom suite also on the 1st floor and 3 more bedrooms
and a full bath upstairs. The renovated white and bright kitchen
flows into a sunlit family room. The large kitchen has quartz
counters, top of the line stainless steel appliances, and a huge
walk in pantry. There are beautiful vaulted ceilings in the dining
and breakfast rooms. There is also a spacious separate office with
built-ins off the living room and an additional flex room off the
kitchen. The laundry room and cubbie areas are both located near
the entry of the attached 2 car oversized garage. You'll have a
blast playing tennis or picklelball on the tennis court. Zoned to
Meadow Wood Elem., Spring Forest Middle, and Stratford HS.
Unit Size
4,553 Ft²
Days on Market
-
Land Size
0.88 acres
Price per sqft
$368
Property Type
House
Property Taxes
$1,742
HOA Dues
$33
Year Built
1952
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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 #79177420)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 17, 2024 | Sold | ||
| Sold | |||
| Dec 20, 2023 | In contract | - | |
| In contract | |||
| Oct 15, 2023 | Listed by Meadows Property Group | $1,675,000 | |
| Listed by Meadows Property Group | |||
| | |||
|
This home is a on a sprawling 38,376 sq. ft. lot. The expansive 5-bed, 3.5-bath home has a large primary bedroom w/fireplace, huge bath, and closets you'll love - on the first floor. There's a 2nd private bedroom suite also on the 1st floor and 3 more bedrooms and a full bath upstairs. The renovated white and bright kitchen flows into a sunlit family room. The large kitchen has quartz counters, top of the line stainless steel appliances, and a huge walk in pantry. There are beautiful vaulted ceilings in the dining and breakfast rooms. There is also a spacious separate office with built-ins off the living room and an additional flex room off the kitchen. The laundry room and cubbie areas are both located near the entry of the attached 2 car oversized garage. You'll have a blast playing tennis or picklelball on the tennis court. Zoned to Meadow Wood Elem., Spring Forest Middle, and Stratford HS.
| |||
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: Gerri Anne Looney, Meadows Property Group
Last Updated: 4 months ago
Data Source: HAR , MLS# 79177420
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Last Updated: 4 months ago
Data Source: HAR , MLS# 79177420
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