$745,000 Last Listed Price
●
House -
Off Market
506 Pacific Street
Houston, TX 77006
3 Beds
2 Baths,
1
Half Bath
2,515 Ft²
$4,626
Est. Monthly
About This Property
This home offers a perfect blend of contemporary design and
comfort. With three spacious bedrooms, two and a half bathrooms,
flex space on the second floor, and spacious private yard, this
residence is thoughtfully designed to meet all your needs. Updates
include motorized black-out shades in the living room, built-in
beverage area with glassware storage and wine refrigerator.
Custom built mud area conveniently located across from the
powder room and garage entrance is the perfect place to store
shoes, coats, and work/school items. The oversized storage area is
ideal for bulk items, suitcases, or strollers. Upstairs the
flex space has been optimized with the addition of a Murphy bed
system to provide comfortable guest accommodations when needed or a
play area/den/home office for day-to-day enjoyment. The
primary bedroom boasts a luxurious ensuite bathroom with double
sinks, a separate shower, and a soaking tub, along with a large
walk-in closet.
Unit Size
2,515 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$296
Property Type
House
Property Taxes
$967
HOA Dues
-
Year Built
2022
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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 #29949453)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 29, 2024 | Sold | ||
| Sold | |||
| Sep 30, 2024 | In contract | - | |
| In contract | |||
| Sep 27, 2024 | Listed by Compass RE Texas, LLC - Houston | $745,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| | |||
|
This home offers a perfect blend of contemporary design and comfort. With three spacious bedrooms, two and a half bathrooms, flex space on the second floor, and spacious private yard, this residence is thoughtfully designed to meet all your needs. Updates include motorized black-out shades in the living room, built-in beverage area with glassware storage and wine refrigerator. Custom built mud area conveniently located across from the powder room and garage entrance is the perfect place to store shoes, coats, and work/school items. The oversized storage area is ideal for bulk items, suitcases, or strollers. Upstairs the flex space has been optimized with the addition of a Murphy bed system to provide comfortable guest accommodations when needed or a play area/den/home office for day-to-day enjoyment. The primary bedroom boasts a luxurious ensuite bathroom with double sinks, a separate shower, and a soaking tub, along with a large walk-in closet.
| |||
| Mar 1, 2023 | Sold | ||
| Sold | |||
| Nov 30, 2022 | Listed by New Leaf Real Estate | $675,000 | |
| Listed by New Leaf Real Estate | |||
| | |||
|
Positioned in one of Montrose's most desirable neighborhoods and, from Houston's premiere innerloop builder, MAZZTAO Homes, unveils their new classic series floor plans on Pacific Landing! Two-story home with FIRST FLOOR Living, 2514 interior SQFT, 3 beds, 2.5 baths, 300 SQFT backyard & a private driveway! Energy efficient home w/foam insulation, blower door certification, double pane windows, digital thermostat & a high efficiency HVAC. Kitchen w/quartz countertops, undermount sink, SS appliances, Gas cooktop oven, under cabinet vent hood, dishwasher & built-in microwave. Interior includes 5" hardwoods, plush carpet in all bedrooms, 6" baseboards crown molding, wood handrails & designer selected paint/cabinetry. Exterior features Mahogany front door, Brick accents, Veneer Siding & LED Canister lighting. Experience innerloop living at its finest! WALKABLE area of Montrose w/ eclectic eateries, vintage stores, indie art galleries & parks nearby. Contact listing agent with any questions.
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Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
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Listed by: Heather Fordham, Compass RE Texas, LLC - Houston
Last Updated: 6 months ago
Data Source: HAR , MLS# 29949453
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Last Updated: 6 months ago
Data Source: HAR , MLS# 29949453
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