$299,900 Last Listed Price
●
House -
Off Market
5198 Echo Falls Drive
Alvin, TX 77511
4 Beds
3 Baths,
1
Half Bath
2,573 Ft²
$315,787
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model
About This Property
Gorgeous 4/3.5 country retreat with 2 master suites in Alvin's fast
growing Kendall Lakes community! This 2018 built K Hov design
showcase a foyer with a grand curves staircase & soaring ceiling
with a brushed nickel pendant chandelier, making way to the formal
dining & family room with a wall of windows. The open concept
living space transitions seamlessly into a spacious & bright island
kitchen with granite counters, 42" walnut cabinetry, stainless
appliances including a gas range, walk in pantry, & breakfast bar
seating for 4. the secluded master boasts neutral grey paint, a
large closet, a deep garden tub, & a sizable shower. Upstairs
features a games room, 3 additional bedrooms, and one with a
private bath for guests or family. After a day in the city, leave
your briefcase in the car and kick back to relax beneath the
covered patio! Tons of closet & attic space, energy efficient
features, & walking distance to Mark Twain Elm, the neighborhood
pool, & park! No FLOODING!
Unit Size
2,573 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$117
Property Type
House
Property Taxes
$794
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: 4 months ago (HAR #7093829)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 24, 2022 | Sold | ||
| Sold | |||
| Dec 21, 2021 | Listed by Covey Closer | $299,900 | |
| Listed by Covey Closer | |||
| | |||
|
Gorgeous 4/3.5 country retreat with 2 master suites in Alvin's fast growing Kendall Lakes community! This 2018 built K Hov design showcase a foyer with a grand curves staircase & soaring ceiling with a brushed nickel pendant chandelier, making way to the formal dining & family room with a wall of windows. The open concept living space transitions seamlessly into a spacious & bright island kitchen with granite counters, 42" walnut cabinetry, stainless appliances including a gas range, walk in pantry, & breakfast bar seating for 4. the secluded master boasts neutral grey paint, a large closet, a deep garden tub, & a sizable shower. Upstairs features a games room, 3 additional bedrooms, and one with a private bath for guests or family. After a day in the city, leave your briefcase in the car and kick back to relax beneath the covered patio! Tons of closet & attic space, energy efficient features, & walking distance to Mark Twain Elm, the neighborhood pool, & park! No FLOODING!
| |||
| Jun 10, 2021 | Sold | ||
| Sold | |||
| Apr 8, 2021 | Listed by Stanfield Properties | $279,900 | |
| Listed by Stanfield Properties | |||
| | |||
|
Gorgeous 4/3.5 country retreat with 2 master suites in Alvin’s fast-growing Kendall Lakes community! This 2018-built K Hov design showcases a foyer with a grand curved staircase & soaring ceiling with a brushed nickel pendant chandelier, making way to the formal dining & family room with a wall of windows. The open concept living space transitions seamlessly into a spacious & bright island kitchen with granite counters, 42” walnut cabinetry, stainless appliances including a gas range, walk-in pantry, & breakfast bar seating for 4. The secluded master boasts neutral grey paint, a large closet, a deep garden tub, & a sizable shower. Upstairs features a game room, 3 additional bedrooms, and one with a private bath for guests or family. After a day in the big city, leave your briefcase in the car and kick back to relax beneath the covered patio! Tons of closet & attic space, energy-efficient features, & walking distance to Mark Twain Elem, the neighborhood pool, & park! NO FLOODING!
| |||
| Jan 30, 2019 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
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Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Alvin
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Listed by: Sidney Covey, Covey Closer
Last Updated: 4 months ago
Data Source: HAR , MLS# 7093829
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Last Updated: 4 months ago
Data Source: HAR , MLS# 7093829
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