$695,000 Last Listed Price
●
House -
Off Market
520 Heights Boulevard
Houston, TX 77007
5 Beds
3 Baths
1,405 Ft²
$3,413
Est. Monthly
About This Property
This charming property on prestigious Heights Blvd offers a rare
opportunity for residential or commercial use. With a prime
location in the Houston Heights Historic District South, this
versatile space is currently used as law offices and residential
space. The main house, built in 1920, features 3 bedrooms and 2
bathrooms, while the garage apartment offers 2 additional bedrooms
and 1 bathroom. The lot size is 6,750 square feet, providing ample
room for renovations and updates. Don't miss out on the chance to
own a piece of history with high visibility on Heights Blvd.
Contact us today to discuss your plans for this unique property.
Unit Size
1,405 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$495
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1920
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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: 4 months ago (HAR #67918672)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 15, 2024 | Sold | ||
| Sold | |||
| Mar 2, 2024 | In contract | - | |
| In contract | |||
| Nov 15, 2023 | Listed by Ryan's Real Estate Brokers, LLC | $695,000 | |
| Listed by Ryan's Real Estate Brokers, LLC | |||
| Oct 1, 2020 | Sold | ||
| Sold | |||
| Jan 13, 2020 | Listed by RE/MAX Fine Properties | $639,900 | |
| Listed by RE/MAX Fine Properties | |||
| | |||
|
SELLER MOTIVATED! Your billboard (at no charge) facing Heights Blvd traffic, and great for commercial business visibility! Very rare opportunity to buy this unique property on prestigious HEIGHTS BLVD!! This property is ideal for residential or commercial use due to its prime location! Located on Heights Boulevard and 5th Street, this cute historic bungalow with double decker 2-car garage apartment building is ideal for professional offices, for attorneys, CPA's, etc. Main house was built in 1920. Main house has 3 beds, 2 baths. 2 BR/1BA garage apartment. (Note this extra living space square footage is in addition to the living space in the main house. Beautiful hardwood flooring & charming period moldings throughout. Come see this property quickly as its a rare find and won't last long! Home inspection report, survey and foundation repair info are all attached to the listing.
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Clay Ryan, Ryan's Real Estate Brokers, LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 67918672
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Last Updated: 4 months ago
Data Source: HAR , MLS# 67918672
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