$135,000 Last Listed Price
●
House -
Off Market
5111 Francine Lane
Houston, TX 77016
3 Beds
2 Baths,
1
Half Bath
3,117 Ft²
$139,018
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model
About This Property
Investor Special!!! This 3,000 square foot home sits on oversized
lot in Calgary Woods. Neighborhood is full of custom built
homes on large lots. The home needs a total overhaul. Can be
completely rebuilt or restored to its previous glory. Needs a
new roof. Flooded during Tropical Storm Allison (2001) and
Hurricane Harvey (2017). Most sheetrock has been
removed. Please view the home with your contractor prior to
making an offer. Serious offers only, no Letters of
Intent.
All information to be independently verified.
All information to be independently verified.
Unit Size
3,117 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$43
Property Type
House
Property Taxes
$206
HOA Dues
$17
Year Built
1977
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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 #83322533)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 1, 2023 | Sold | ||
| Sold | |||
| Dec 16, 2022 | Listed by The Virtual Realty Group | $319,999 | |
| Listed by The Virtual Realty Group | |||
| | |||
|
SELLER JUST INSTALLED A NEW FENCE AND DID OTHER FEEDBACK REQUEST. SCHEDULE YOUR TOUR NOW TO SEE THIS BEAUTIFUL4/2/1 MODERN FARMHOUSE. THE SELLER ALSO HAS ADDED AN EXTRA FLEX ROOM ALONG WITH AN ADDITIONAL STUDY/OFFICE WITH PATIO ACCESS! NOT TOO FAR FROM THE EAST RIVER PROJECT COMING TO EAST DOWNTOWN AREA. 10 MINUTE DRIVE TO DOWNTOWN HOUSTON. NO EXPENSE SPARED. THE MAIN LIVING AREA WELCOMES YOU IN WITH HIGH VAULTED CEILINGS. RIGHT OFF THE FIREPLACE IS A GORGEOUS CUSTOM KITCHEN WITH TWO SINKS AND WINE COOLER. GREAT FOR ENTERTAINMENT.THE PRIMARY BEDROOM BATHROOM COMBO ARE TRULY A SHOWSTOPPER. AFTER A LONG DAY COME HOME TO UNWIND IN YOUR SOAKING TUB OR DOUBLE WIDE SHOWER. THE SELLER EXPANDED THE PRIMARY CLOSET TO GIVE A BEAUTIFUL WALK IN CLOSET WITH A WINDOW! A NEW ROOF HAS BEEN INSTALLED ALONG WITH A NEW HVAC. THE DRIVEWAYS CAN FIT 10+ CARS.
| |||
| Mar 18, 2022 | Sold | ||
| Sold | |||
| Feb 5, 2022 | Listed by Diverse City Realty | $135,000 | |
| Listed by Diverse City Realty | |||
| | |||
|
Investor Special!!! This 3,000 square foot home sits on oversized lot in Calgary Woods. Neighborhood is full of custom built homes on large lots. The home needs a total overhaul. Can be completely rebuilt or restored to its previous glory. Needs a new roof. Flooded during Tropical Storm Allison (2001) and Hurricane Harvey (2017). Most sheetrock has been removed. Please view the home with your contractor prior to making an offer. Serious offers only, no Letters of Intent.
All information to be independently verified.
| |||
Property Highlights
Garage
Fireplace
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 Northeast Houston
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Listed by: Brandi Wade, Diverse City Realty
Last Updated: 6 months ago
Data Source: HAR , MLS# 83322533
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purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Last Updated: 6 months ago
Data Source: HAR , MLS# 83322533
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