$499,000 Last Listed Price
●
House -
Off Market
5223 Braesheather Drive
Houston, TX 77096
4 Beds
2 Baths,
2
Half Baths
4,239 Ft²
$3,199
Est. Monthly
$50
HOA / Fees
About This Property
This spectacular classic contemporary structure is being offered at
lot value only and being sold "As-Is". The unique architectural
design by Preston Bolton is iconic. The opportunities are endless
for you to consider reimagining this home with your personal
touches or tearing it down and starting new on this tree-lined lot
in Meyerland. As you enter the home natural light from the atrium
flows seamlessly thru from the game room, to the kitchen, the
family and dining spaces. The first floor offers a Primary Suite
with study, high ceilings with recessed can lighting and exposed
brick flooring in the game room. There are three over-sized
bedrooms with great windows for continued natural light and two
full bathrooms on the second floor. Amazing amount of storage in
this home including 8 walk-in closets.. The convenient location of
the home offers easy access to the Galleria, Texas Medical Center,
Downtown and Greenway Plaza.
Unit Size
4,239 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$118
Property Type
House
Property Taxes
$699
HOA Dues
$50
Year Built
1972
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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 #80239837)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 20, 2024 | Sold | ||
| Sold | |||
| Aug 25, 2024 | In contract | - | |
| In contract | |||
| Aug 19, 2024 | Listed by Beth Wolff Realtors | $499,000 | |
| Listed by Beth Wolff Realtors | |||
| | |||
|
This spectacular classic contemporary structure is being offered at lot value only and being sold "As-Is". The unique architectural design by Preston Bolton is iconic. The opportunities are endless for you to consider reimagining this home with your personal touches or tearing it down and starting new on this tree-lined lot in Meyerland. As you enter the home natural light from the atrium flows seamlessly thru from the game room, to the kitchen, the family and dining spaces. The first floor offers a Primary Suite with study, high ceilings with recessed can lighting and exposed brick flooring in the game room. There are three over-sized bedrooms with great windows for continued natural light and two full bathrooms on the second floor. Amazing amount of storage in this home including 8 walk-in closets.. The convenient location of the home offers easy access to the Galleria, Texas Medical Center, Downtown and Greenway Plaza.
| |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Southwest Houston
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Listed by: Ed Wolff, Beth Wolff Realtors
Last Updated: 4 months ago
Data Source: HAR , MLS# 80239837
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Last Updated: 4 months ago
Data Source: HAR , MLS# 80239837
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