$725,000 Last Listed Price
●
House -
Off Market
515 Archer Street
Houston, TX 77009
3 Beds
2 Baths,
1
Half Bath
2,159 Ft²
$848,282
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model
About This Property
This 1920's reminiscent bungalow has been carefully taken to the
studs + added on to giving a modern edge to a classic Brooke Smith
home. Situated on a 5,000sf corner lot, come see the vision which
has now come to life! 3 beds + study, 2.5 baths + 2-car attached
garage & interiors executed to perfection. Enter the open concept
living with 14ft vaulted ceilings & engineered white oak floors. A
true dream quartz island kitchen w/ Kitchenaid appliances + custom
cabinetry. Study adjacent to kitchen creating a perfect "work from
home" space. 2 secondary beds adjoined by darling hall bath w/
marble countertops + tub shower. New addition includes service hall
w/ half bath, mud area, in-house utility + addt'l storage which
lead you to 2-car garage, addt'l parking + covered porch. Private
2nd floor primary suite w/ 12ft vaulted ceilings, stunning marble
primary bath + large walk-in closet. Great yard with plenty of room
for pets, play + entertaining. See agent for full list of
improvements!
Unit Size
2,159 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$336
Property Type
House
Property Taxes
$554
HOA Dues
-
Year Built
1935
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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: 5 months ago (HAR #87714615)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 24, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2024 | In contract | - | |
| In contract | |||
| Jul 10, 2024 | No longer available | - | |
| No longer available | |||
| Jul 9, 2024 | Listed by Compass RE Texas, LLC - Houston | $749,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| | |||
|
Ideally situated on a corner lot in the Heights, this updated and expanded 1930s bungalow is a seamless blend of historic charm and modern luxury. A complete 2021 renovation stripped the home to the studs, adding a 1,300 sqft extension and reimagined floor plan to meet contemporary needs. The open-concept living spaces now boast a 14' pitched ceiling, while the modern quartz kitchen features a large island and stainless steel appliances. The new 2nd-floor primary suite offers large windows, 12' ceilings, and a marble bathroom with an oversized closet. Every detail was addressed in the renovation, from new mechanical, electrical, and plumbing systems to new floors, walls, and roofing. Outside, the property is equally impressive with an attached 2-car garage, front and side porches, and mature trees. This home strikes the perfect balance between character and convenience, offering a rare opportunity to experience both the past and present in one of Houston's most desirable neighborhoods.
| |||
| May 18, 2024 | Price Decreased |
$775,000
↓ $24K
(3%) | |
| Price Decreased | |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Tania Amin Shirazi, Compass RE Texas, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 87714615
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Last Updated: 5 months ago
Data Source: HAR , MLS# 87714615
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