22
Map
$615,000 Last Listed Price
●
House -
Off Market
5150 Grape Street
Houston, TX 77096
3 Beds
2 Baths
2,002 Ft²
$3,069
Est. Monthly
$49
HOA / Fees
About This Property
Location doesn't get better than this! Situated in the preferred
Section 2 of Meyerland, this beautifully maintained ranch offers
the rare combination of Lovett Elementary just steps away,
Meyerland Park within walking distance, and zoning to Bellaire High
School-a rare trifecta buyers consistently seek out. Hardwood
floors extend throughout the living areas and bedrooms, creating a
warm and inviting feel, along with a flex space that adds great
versatility as a home office or playroom. The updated island
kitchen features quartz countertops, refreshed cabinetry, and
stainless steel appliances, while the bathrooms have also been
tastefully renovated. Outside, enjoy an expansive covered patio for
year-round entertaining, a large backyard with room for play and
future pool, and a gated driveway leading to the detached two-car
garage. Move-in ready and surrounded by newer construction, this
home blends Meyerland's established charm with the updates today's
buyers value.
Unit Size
2,002 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$307
Property Type
House
Property Taxes
-
HOA Dues
$49
Year Built
1955
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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: 2 months ago (HAR #80565223)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 30, 2026 | Sold | ||
| Sold | |||
| Jun 27, 2026 | In contract | - | |
| In contract | |||
| Jun 18, 2026 | Listed by Compass RE Texas, LLC - Houston | $615,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| Apr 3, 2023 | Sold | ||
| Sold | |||
| Feb 1, 2023 | Listed by Beth Wolff, REALTORS | $575,000 | |
| Listed by Beth Wolff, REALTORS | |||
| | |||
|
Make memories in this Meyerland home for years to come. Amazing amount of space in the living room with a gas fireplace and built in shelving for showcasing pictures of family and friends, collectibles or books. The expanded dining room is just off the kitchen that offers a breakfast/sitting area with windows for lots of natural light, stainless steel appliance package with gas cooktop, exposed brick walls and eat at island with additional storage. The added home office space is a great space to work from home or can be a nice area for a home yoga studio. Every bedroom in this home is graced with windows that allow for natural light and considerable closet space. The oversized covered back patio area is the perfect spot for warm weather get togethers.
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Southwest Houston
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Listed by: Thebe Warren, Compass RE Texas, LLC - Houston
Last Updated: 2 months ago
Data Source: HAR , MLS# 80565223
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Last Updated: 2 months ago
Data Source: HAR , MLS# 80565223
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