$110,000 Last Listed Price
●
Land -
Off Market
5320 Wunder Lane
Houston, TX 77091
Studio
0 Bath
$121,188
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model
About This Property
Located in a booming area of Independence Heights, this lot is just
3 miles from all of the great shopping and restaurants in Garden
Oaks and then a 5-minute drive south and will land you in the
Heights (and H-E-B)! There are no deed restrictions so the lot can
be used for residential or commercial purposes. A lot of the
adjacent streets (including West Donovan, which crosses Wunder) are
getting townhome developments now. About 40 have already been built
along W. Donovan and more are on the way!
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
Land
Property Taxes
$201
HOA Dues
-
Year Built
-
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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 #96092340)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 7, 2024 | Sold | ||
| Sold | |||
| Jan 13, 2024 | In contract | - | |
| In contract | |||
| Dec 21, 2023 | No longer available | - | |
| No longer available | |||
| Dec 20, 2023 | Listed by New Age | $379,000 | |
| Listed by New Age | |||
| | |||
|
LAST UNIT!Looking for a unique home? Wunder Lane offers 2 modern homes located on a private dead end street in Independence Heights. Wunder Lane will provide tranquility and modern elegance to the neighborhood. Offering first floor living, large backyards, and OVER SIZED private driveways. If you are looking for a home with true serenity, this is your match. The living, dining, and kitchen have 12 foot ceilings giving the home a grand entertainment space. The second floor features all 3 bedrooms which have their own bathrooms. The primary suite has tray ceilings, dual vanities, soaking tub, and large imported tiles. The garage is equipped with custom shelving and ready for Tesla Charging. Wunder Lane is minutes from The Heights, Downtown and The Galleria. Schedule your tour today.
| |||
| Oct 19, 2023 | Listed by New Age | $389,990 | |
| Listed by New Age | |||
| | |||
|
LAST UNIT!Looking for a unique home? Wunder Lane offers 2 modern homes located on a private dead end street in Independence Heights. Wunder Lane will provide tranquility and modern elegance to the neighborhood. Offering first floor living, large backyards, and OVER SIZED private driveways. If you are looking for a home with true serenity, this is your match. The living, dining, and kitchen have 12 foot ceilings giving the home a grand entertainment space. The second floor features all 3 bedrooms which have their own bathrooms. The primary suite has tray ceilings, dual vanities, soaking tub, and large imported tiles. The garage is equipped with custom shelving and ready for Tesla Charging. Wunder Lane is minutes from The Heights, Downtown and The Galleria. Schedule your tour today.
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About North Houston
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Listed by: Tarl Anderson, Tarl Anderson Properties
Last Updated: 4 months ago
Data Source: HAR , MLS# 96092340
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Last Updated: 4 months ago
Data Source: HAR , MLS# 96092340
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