$279,900 Last Listed Price
●
House -
Off Market
5156 Echo Falls Drive
Alvin, TX 77511
3 Beds
2 Baths
2,170 Ft²
$312,108
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
Gorgeous 3 bedroom, 2 bathroom, single-story home featuring an
attached 2-car garage on a corner lot! Upon entering this open
floor plan home is a formal dining room, spacious living room and
the kitchen, boasting granite countertops, stainless steel
appliances, a breakfast bar and a breakfast nook. The primary
bedroom includes the primary bathroom with dual sinks, garden tub,
separate shower and walk-in closet. The two secondary bedrooms,
secondary bathroom, and laundry room make up the rest of the home
while the fenced in backyard offers a covered patio and added
privacy due to no neighbor on the left. This home is minutes away
from TX-35 with easy access to HWY 6!
Unit Size
2,170 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$129
Property Type
House
Property Taxes
$732
HOA Dues
$50
Year Built
2018
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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: 5 months ago (HAR #22022285)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 3, 2021 | Sold | ||
| Sold | |||
| Sep 15, 2021 | Listed by Mark Dimas Team | $279,900 | |
| Listed by Mark Dimas Team | |||
| | |||
|
Gorgeous 3 bedroom, 2 bathroom, single-story home featuring an attached 2-car garage on a corner lot! Upon entering this open floor plan home is a formal dining room, spacious living room and the kitchen, boasting granite countertops, stainless steel appliances, a breakfast bar and a breakfast nook. The primary bedroom includes the primary bathroom with dual sinks, garden tub, separate shower and walk-in closet. The two secondary bedrooms, secondary bathroom, and laundry room make up the rest of the home while the fenced in backyard offers a covered patio and added privacy due to no neighbor on the left. This home is minutes away from TX-35 with easy access to HWY 6!
| |||
| May 15, 2019 | Sold | ||
| Sold | |||
| Mar 19, 2019 | Listed by Coldwell Banker United, | $251,950 | |
| Listed by Coldwell Banker United, | |||
| | |||
|
Beautiful Saratoga home nestled in the subdivision of Kendall Lakes. Single story 3/2/2 home was designed for entertaining with open concept living, kitchen and breakfast areas. Spectacular floor plan includes formal dining room, Breakfast bar in kitchen with granite counter-tops, 42" cabinets, under month sink and stainless appliances. Spacious master suite features double sinks, tile shower, walk in closet and garden tub. Covered Patio area, great for entertaining. Just 30 minutes to downtown Houston and 30 minutes to Galveston. Schedule your showing to view this exceptional home today!
| |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Alvin
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Listed by: Mark Dimas, Mark Dimas Team
Last Updated: 5 months ago
Data Source: HAR , MLS# 22022285
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Last Updated: 5 months ago
Data Source: HAR , MLS# 22022285
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