$790,000 Last Listed Price
●
House -
Off Market
507 Malone Street
Houston, TX 77007
3 Beds
2 Baths,
1
Half Bath
2,636 Ft²
$4,845
Est. Monthly
About This Property
Nestled in the heart of Rice Military, 507 Malone St offers superb
detail in workmanship coupled with a highly desirable floor plan.
Showcasing a sought-after two-story layout, offering first-floor
living convenience, along with 3 bedrooms, 2.5 baths, a built-in
bar area, dedicated dining, a spacious flex space and a delightful
yard. The finishes throughout the house exude a blend of beauty and
luxury, adding a touch of elegance to every corner. Upstairs you
will discover the spacious primary suite and a recently updated
ensuite bath with soaking tub, walk-in shower, double vanities &
large customized walk in closet. Two additional bedrooms, full
bathroom, game-room/flex & utility complete this level.The perfect
retreat from city life for the most discerning buyer, this home is
just minutes away from some of Houston's best dining, shopping, &
entertainment options. Enjoy easy access to Memorial Park, Buffalo
Bayou Park, & downtown Houston, making this a wonderful place to
call home.
Unit Size
2,636 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$300
Property Type
House
Property Taxes
$966
HOA Dues
-
Year Built
2012
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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 #63308571)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 5, 2025 | Sold | ||
| Sold | |||
| Feb 10, 2025 | In contract | - | |
| In contract | |||
| Jan 29, 2025 | No longer available | - | |
| No longer available | |||
| Jan 28, 2025 | Listed by Martha Turner Sotheby's International Realty - Bay Area | $790,000 | |
| Listed by Martha Turner Sotheby's International Realty - Bay Area | |||
| | |||
|
Nestled in the heart of Rice Military, 507 Malone St offers superb detail in workmanship coupled with a highly desirable floor plan. Showcasing a sought-after two-story layout, offering first-floor living convenience, along with 3 bedrooms, 2.5 baths, a built-in bar area, dedicated dining, a spacious flex space and a delightful yard. The finishes throughout the house exude a blend of beauty and luxury, adding a touch of elegance to every corner. Upstairs you will discover the spacious primary suite and a recently updated ensuite bath with soaking tub, walk-in shower, double vanities & large customized walk in closet. Two additional bedrooms, full bathroom, game-room/flex & utility complete this level.The perfect retreat from city life for the most discerning buyer, this home is just minutes away from some of Houston’s best dining, shopping, & entertainment options. Enjoy easy access to Memorial Park, Buffalo Bayou Park, & downtown Houston, making this a wonderful place to call home.
| |||
| Nov 7, 2024 | Listed by Martha Turner Sotheby's International Realty - Bay Area | $820,000 | |
| Listed by Martha Turner Sotheby's International Realty - Bay Area | |||
| | |||
|
Nestled in the heart of Rice Military, 507 Malone St offers superb detail in workmanship coupled with a highly desirable floor plan. Showcasing a sought-after two-story layout, offering first-floor living convenience, along with 3 bedrooms, 2.5 baths, a built-in bar area, dedicated dining, a spacious flex space and a delightful yard. The finishes throughout the house exude a blend of beauty and luxury, adding a touch of elegance to every corner. Upstairs you will discover the spacious primary suite and a recently updated ensuite bath with soaking tub, walk-in shower, double vanities & large customized walk in closet. Two additional bedrooms, full bathroom, game-room/flex & utility complete this level.The perfect retreat from city life for the most discerning buyer, this home is just minutes away from some of Houston’s best dining, shopping, & entertainment options. Enjoy easy access to Memorial Park, Buffalo Bayou Park, & downtown Houston, making this a wonderful place to call home.
| |||
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
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Listed by: Dawn Johnson, Martha Turner Sotheby's International Realty - Bay Area
Last Updated: 4 months ago
Data Source: HAR , MLS# 63308571
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Last Updated: 4 months ago
Data Source: HAR , MLS# 63308571
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