$339,000 Last Listed Price
●
House -
Off Market
5222 Washington Avenue
Houston, TX 77007
3 Beds
2 Baths
1,552 Ft²
$412,249
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
Elegant, free-standing home in gated complex in the heart of the
Washington Corridor, very close to Memorial Park and minutes to
downtown and the Galleria! This two-story home boasts three
bedrooms and two baths, hardwood floors, high ceilings, and an open
living area anchored by an island kitchen with breakfast bar,
stainless appliances, and wine chiller! Spacious second-floor
master suite includes double sinks, walk-in shower, garden tub, and
large walk-in closet. Two bedrooms, utility room, and one full bath
downstairs. Two car garage with additional room for storage;
outdoor spaces include hardscaped back patio area and second-floor
balcony patio. Never flooded! Maintenance fee includes water.
Unit Size
1,552 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$218
Property Type
House
Property Taxes
$699
HOA Dues
$173
Year Built
2004
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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 #76389016)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 2, 2025 | Sold | ||
| Sold | |||
| Jun 24, 2025 | In contract | - | |
| In contract | |||
| May 14, 2025 | Price Decreased |
$362,900
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Apr 23, 2025 | Listed by RE/MAX Integrity | $367,900 | |
| Listed by RE/MAX Integrity | |||
   | |||
|
Located in a prime area, this two-story home features three bedrooms, two baths, hardwood floors, high ceilings, and an open living area to the kitchen with stainless steel appliances, and wine cooler. The second-floor master suite includes double sinks, walk-in shower with bench seat, jetted garden tub, and a large walk-in closet. Two bedrooms, utility room, and one full bath are downstairs. New HVAC system installed in April 2021; New• Tankless hot water heater installed in May 2021; Floors replaced in downstairs bedroom in December 2023. The property also offers a two-car garage with extra storage space, a hardscaped back patio, and a second-floor balcony patio. HOA fee includes water, sewer, and trash.
| |||
| Apr 1, 2021 | Sold | ||
| Sold | |||
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About Central Houston
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Listed by: Meredith Levine, Martha Turner Sotheby's
Last Updated: 5 months ago
Data Source: HAR , MLS# 76389016
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Last Updated: 5 months ago
Data Source: HAR , MLS# 76389016
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