$2,250,000 Last Listed Price
●
House -
Off Market
5504 Sturbridge Drive
Houston, TX 77056
4 Beds
3 Baths,
1
Half Bath
4,720 Ft²
$2,676,241
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
A rare opportunity presents itself to purchase a little over 3/4 of
an acre in the beautifully treed, exclusive Tanglewood
neighborhood. The lovely site is located on the meandering street
of Sturbridge - filled with many of the largest and most
outstanding homes amongst the estate filled Tanglewood. With a very
central and convenient location, Tanglewood provides easy access to
Houston's primary business centers as well as to some of the city's
finest shopping and restaurants. Build the home of your dreams in
this leafy, premier neighborhood on this gracious piece of land.
Unit Size
4,720 Ft²
Days on Market
-
Land Size
0.76 acres
Price per sqft
$477
Property Type
House
Property Taxes
$4,319
HOA Dues
$125
Year Built
1960
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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 #27436532)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 9, 2023 | Sold | ||
| Sold | |||
| Feb 27, 2023 | Listed by Compass RE Texas, LLC | $3,799,000 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
|
An extraordinary opportunity to acquire this newly constructed Tanglewood residence situated on over 32,900+ sq. ft. of prime property offering tasteful selections and a fabulous layout with adjoining Guest Apartment and first floor Primary Suite. Grand Entry Hall. Fabulous Formal Dining. Gourmet Island Kitchen with informal dining area opens to the sizable Living Room with gas fireplace and retractable wall of glass opening to a covered patio with backyard beyond. Private Study. Primary Suite down with beautiful bath, utility closet, and separate dressing rooms. Upstairs Game Room + 3 Bedrooms and Home Office (optional Bedroom #6). A separate staircase ascends to the adjoining Guest Apartment located above the three-car attached Garage.
| |||
| May 26, 2021 | Sold | ||
| Sold | |||
| Oct 14, 2020 | Listed by Martha Turner Sotheby's | $2,250,000 | |
| Listed by Martha Turner Sotheby's | |||
| | |||
|
A rare opportunity presents itself to purchase a little over 3/4 of an acre in the beautifully treed, exclusive Tanglewood neighborhood. The lovely site is located on the meandering street of Sturbridge - filled with many of the largest and most outstanding homes amongst the estate filled Tanglewood. With a very central and convenient location, Tanglewood provides easy access to Houston's primary business centers as well as to some of the city's finest shopping and restaurants. Build the home of your dreams in this leafy, premier neighborhood on this gracious piece of land.
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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HOA + Taxes
About Westside
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Currently no similar homes aroundNearby Rentals
Listed by: Brena Moglovkin, Martha Turner Sotheby's
Last Updated: 5 months ago
Data Source: HAR , MLS# 27436532
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Last Updated: 5 months ago
Data Source: HAR , MLS# 27436532
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