$550,000 Last Listed Price
●
House -
Off Market
55 E Old Field Drive
Huffman, TX 77336
3 Beds
2 Baths
1,684 Ft²
$3,345
Est. Monthly
$13
HOA / Fees
About This Property
Animal and outdoor enthusiasts will appreciate this unrestricted 6
acres with a pond, 36X36 Archery professional 5 stall barn with a
tack room, 12X36 storage/workshop, 12X36 additional overhang
shelter, and covered RV parking! The 3-bedroom 2-bathroom home is
privately gated with a one-of-a-kind entrance constructed of
utility poles sure to catch your eye. Upgrades to the home include:
2020 water heater, 2022 roof, completely replaced AC in 2016,
updated ceiling fans. Fully fenced and cross fenced with a separate
aerobic septic and pad site for a secondary living arrangement.
Current manufactured home will be removed prior to sale. The
storage shed will remain on the property. You could create an
entrance off the main road for the secondary residence for privacy.
Well maintained drainage along the main roads by the county.
Conveniently located near 99 and HWY 59 with shopping but country
living at home to relax.
Unit Size
1,684 Ft²
Days on Market
-
Land Size
6.15 acres
Price per sqft
$327
Property Type
House
Property Taxes
$631
HOA Dues
$13
Year Built
2000
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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 #65325079)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 9, 2024 | Sold | ||
| Sold | |||
| Jan 17, 2024 | In contract | - | |
| In contract | |||
| Nov 14, 2023 | Listed by Connect Realty.com | $550,000 | |
| Listed by Connect Realty.com | |||
| | |||
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Animal and outdoor enthusiasts will appreciate this unrestricted 6 acres with a pond, 36X36 Archery professional 5 stall barn with a tack room, 12X36 storage/workshop, 12X36 additional overhang shelter, and covered RV parking! The 3-bedroom 2-bathroom home is privately gated with a one-of-a-kind entrance constructed of utility poles sure to catch your eye. Upgrades to the home include: 2020 water heater, 2022 roof, completely replaced AC in 2016, updated ceiling fans. Fully fenced and cross fenced with a separate aerobic septic and pad site for a secondary living arrangement. Current manufactured home will be removed prior to sale. The storage shed will remain on the property. You could create an entrance off the main road for the secondary residence for privacy. Well maintained drainage along the main roads by the county. Conveniently located near 99 and HWY 59 with shopping but country living at home to relax.
| |||
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 Cypress Point
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Listed by: Danielle Dove, Connect Realty.com
Last Updated: 5 months ago
Data Source: HAR , MLS# 65325079
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Last Updated: 5 months ago
Data Source: HAR , MLS# 65325079
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