$475,000 Last Listed Price
●
House -
Off Market
5246 Lymbar Drive
Houston, TX 77096
3 Beds
2 Baths
2,194 Ft²
$3,126
Est. Monthly
$42
HOA / Fees
About This Property
Beautiful 3 bedroom 2 Bath Home in sought after Meyerland.
This "never flooded" home is full of style and design.
A wonderful open floor allows for spaces with great
functionality. Enter the home to find a grand living space
that leads to a dining room perfectly located that could also work
as a study. The family room is light and bright and
equipped with a fireplace to keep you warm! All bedrooms are
generous and have plentiful storage with walk-in closets. No
carpet found in this home! Other notable features include
-new roof 2013, water heater 2020, previous foundation work that
was reinspected 12/23 and attic plumbing replaced The large
backyard allows for plenty of room for pets and play. Zoned to
Kolter Elementary (buyer to verify eligibility) and Bellaire High
School. Easy commute to the Texas Medical Center, Downtown and the
Galleria. This is a must see!
Unit Size
2,194 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$217
Property Type
House
Property Taxes
$751
HOA Dues
$42
Year Built
1960
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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 #33256208)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 23, 2024 | Sold | ||
| Sold | |||
| Feb 2, 2024 | In contract | - | |
| In contract | |||
| Jan 18, 2024 | Listed by Compass RE Texas, LLC - Houston | $475,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| | |||
|
Beautiful 3 bedroom 2 Bath Home in sought after Meyerland. This “never flooded” home is full of style and design. A wonderful open floor allows for spaces with great functionality. Enter the home to find a grand living space that leads to a dining room perfectly located that could also work as a study. The family room is light and bright and equipped with a fireplace to keep you warm! All bedrooms are generous and have plentiful storage with walk-in closets. No carpet found in this home! Other notable features include -new roof 2013, water heater 2020, previous foundation work that was reinspected 12/23 and attic plumbing replaced The large backyard allows for plenty of room for pets and play. Zoned to Kolter Elementary (buyer to verify eligibility) and Bellaire High School. Easy commute to the Texas Medical Center, Downtown and the Galleria. This is a must see!
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
Beds
Baths
ft²
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Sold On
Sold On
HOA + Taxes
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Listed by: Jan Pappert, Compass RE Texas, LLC - Houston
Last Updated: 5 months ago
Data Source: HAR , MLS# 33256208
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Last Updated: 5 months ago
Data Source: HAR , MLS# 33256208
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