$1,050,000 Last Listed Price
●
House -
Off Market
5501 Lacy Street
Houston, TX 77007
3 Beds
3 Baths,
1
Half Bath
3,150 Ft²
$1,248,913
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
In the heart of Rice Military, the Lacy property features a
contemporary open concept floor plan with natural light flooding
the home all day. The home has 3-bedrooms, 3.5-bathrooms, and a
study that can be utilized as a 4th bedroom. The property also
includes a media space and an outdoor balcony with lovely views of
the neighborhood near Washington Ave. The house comes with a pool,
an outdoor sauna and a shady outdoor living space under a pergola.
The open kitchen features state-of-the-art stainless steel
appliances, quartz countertops, customized suspended dual vanities
in the primary bathroom, with hardwood, and porcelain flooring
throughout. Nestled between Memorial Dr and Washington Ave,
residents will have easy access to Buffalo Bayou Park and its
iconic Bayou trail along Allen Parkway. Also, there are several
nearby restaurants and bars, such as Kung Fu Saloon, Soma Sushi,
Velvet Taco, and The Blue Fish. Downtown is a short drive away as
well. You won't see another home like it.
Unit Size
3,150 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$333
Property Type
House
Property Taxes
$1,120
HOA Dues
-
Year Built
1991
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #57522122)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 22, 2023 | Sold | ||
| Sold | |||
| Mar 27, 2023 | Listed by Keller Williams Metropolitan | $1,315,000 | |
| Listed by Keller Williams Metropolitan | |||
| | |||
|
Welcome to this stunning 3-bedrooms, 3.5-bathrooms contemporary style home located in the desirable Rice Military. This unique two-story home boasts an open concept floor plan filled with natural light that seamlessly connects the indoor and outdoor living spaces. The backyard oasis includes a heated pool, outdoor sauna, and a shady outdoor patio living space. The open kitchen is a chef's dream, featuring state-of-the-art stainless steel appliances and quartz countertops. The outdoor balcony offers pretty views of the surrounding area. Parking will never be an issue, as this home features a 2-car garage with extra parking up to 4 cars. Overall, this home offers the perfect combination of luxury and comfort, making it the ideal place to call home. Nestled between Memorial Dr and Washington Ave, residents will have easy access to Buffalo Bayou Park and its iconic Bayou trail along Allen Parkway. Don't miss out on this incredible opportunity to own a piece of paradise in Rice Military.
| |||
| May 3, 2021 | Sold | ||
| Sold | |||
| Oct 5, 2020 | Listed by Champions Real Estate Group | $1,050,000 | |
| Listed by Champions Real Estate Group | |||
| | |||
|
In the heart of Rice Military, the Lacy property features a contemporary open concept floor plan with natural light flooding the home all day. The home has 3-bedrooms, 3.5-bathrooms, and a study that can be utilized as a 4th bedroom. The property also includes a media space and an outdoor balcony with lovely views of the neighborhood near Washington Ave. The house comes with a pool, an outdoor sauna and a shady outdoor living space under a pergola. The open kitchen features state-of-the-art stainless steel appliances, quartz countertops, customized suspended dual vanities in the primary bathroom, with hardwood, and porcelain flooring throughout. Nestled between Memorial Dr and Washington Ave, residents will have easy access to Buffalo Bayou Park and its iconic Bayou trail along Allen Parkway. Also, there are several nearby restaurants and bars, such as Kung Fu Saloon, Soma Sushi, Velvet Taco, and The Blue Fish. Downtown is a short drive away as well. You won't see another home like it.
| |||
Property Highlights
Garage
Fireplace
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 Central Houston
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Daniel Martinez, Champions Real Estate Group
Last Updated: 5 months ago
Data Source: HAR , MLS# 57522122
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any
purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Last Updated: 5 months ago
Data Source: HAR , MLS# 57522122
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017