31
Map
$3,950,000 Last Listed Price
●
House -
Off Market
5502 Buffalo Speedway
Houston, TX 77005
5 Beds
4 Baths,
1
Half Bath
5,624 Ft²
$19,396
Est. Monthly
About This Property
Fantastic design and exceptional finishes combine beautifully in
this transitional Traditional yet Modern masterpiece by the
incomparable Mirador Builders and Jennifer Hamelet. A desirable
13k+ sf lot with landmark oak trees, fabulous floral landscaping,
room for a pool, covered patio, rare 1st floor Primary Suite set
this home apart. Formals, a chef's Kitchen and a light filled
Breakfast Room, Great Room. A Game Room and 4 Bedrooms upstairs
with a Bonus Room. Excellent storage throughout the home. It is
perfect for entertaining and has tons of walls space for the art
lover. Elevator ready, Cat 6 wiring, alarm system and security
cameras installed, Two-car oversized garage, Utility room/Catering
Kitchenette, Walk-in pantry and Mud room with bench made cabinetry
throughout the home. So many wonderful amenities and details
combine seamlessly to make a wonderful home, minutes from the Med
Center, Downtown and the Galleria in the heart of West University.
Unit Size
5,624 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$702
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1979
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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 #6796340)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 15, 2025 | Sold | ||
| Sold | |||
| Mar 22, 2025 | In contract | - | |
| In contract | |||
| Mar 17, 2025 | Listed by Martha Turner Sotheby's International Realty | $3,950,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| Jul 30, 2021 | Sold | ||
| Sold | |||
| May 6, 2021 | Listed by Coldwell Banker Realty | $1,150,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Wonderful opportunity for a rare oversized corner lot in prestigious West University Place. Located at the corner of Sunset Boulevard and Buffalo Speedway with a whopping 13,125 square feet. The lot is located in the heart of West U with majestic oak trees in front and a pecan tree in back. The lot has generous side footage on Sunset (150’) and 87.5’ front footage on Buffalo Speedway. Current home was damaged in Winter Storm Uri. Mitigation and demo have been completed. Seller will not be doing any repairs. Please see attached survey and floorplan.
| |||
Property Highlights
Garage
Elevator
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Southwest Houston
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Listed by: Patricia Reed, Martha Turner Sotheby's International Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 6796340
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Last Updated: 4 months ago
Data Source: HAR , MLS# 6796340
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