$1,077,000 Last Listed Price
●
House -
Off Market
5324 Pine Street
Bellaire, TX 77401
3 Beds
2 Baths
1,867 Ft²
$6,440
Est. Monthly
About This Property
Seize a rare opportunity to build your dream home on this expansive
18,900 sq/ft corner lot, nestled in the heart of Bellaire, one of
Houston's most sought-after neighborhoods. This magnificent
property boasts towering, mature oak trees that provide natural
beauty and serenity, offering the perfect setting for creating a
custom residence that truly reflects your vision. With plenty of
space to design a luxury estate, pool, and outdoor living areas,
the possibilities are almost endless. Located in a prime location,
you'll enjoy the charm and tranquility of Bellaire, while being
just minutes from top-rated schools, parks, dining, and premier
shopping at The Galleria and Meyerland Plaza. Don't miss this
opportunity to bring your architectural dreams to life in one of
Houston's most coveted areas! Property being sold for lot value.
Unit Size
1,867 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$577
Property Type
House
Property Taxes
$1,152
HOA Dues
-
Year Built
1957
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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 #86221059)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Oct 22, 2024 | In contract | - | |
| In contract | |||
| Oct 22, 2024 | Listed by Keller Williams Realty Metropolitan | $1,077,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
| | |||
|
Seize a rare opportunity to build your dream home on this expansive 18,900 sq/ft corner lot, nestled in the heart of Bellaire, one of Houston’s most sought-after neighborhoods. This magnificent property boasts towering, mature oak trees that provide natural beauty and serenity, offering the perfect setting for creating a custom residence that truly reflects your vision. With plenty of space to design a luxury estate, pool, and outdoor living areas, the possibilities are almost endless. Located in a prime location, you'll enjoy the charm and tranquility of Bellaire, while being just minutes from top-rated schools, parks, dining, and premier shopping at The Galleria and Meyerland Plaza. Don’t miss this opportunity to bring your architectural dreams to life in one of Houston's most coveted areas! Property being sold for lot value.
| |||
Property Highlights
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: Timothy Shanahan, Keller Williams Realty Metropolitan
Last Updated: 5 months ago
Data Source: HAR , MLS# 86221059
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Last Updated: 5 months ago
Data Source: HAR , MLS# 86221059
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