37
Map
$369,900 Last Listed Price
●
House -
Off Market
5514 Summerfield Lane
Spring, TX 77379
4 Beds
2 Baths,
1
Half Bath
2,762 Ft²
$2,490
Est. Monthly
$65
HOA / Fees
5.93%
Cap Rate
About This Property
Fully renovated and move-in ready, this spacious 4-bedroom home in
Terranova West is a rare find at this price point. Enjoy over 2,700
SF of updated living space, featuring new flooring, fresh paint,
modern fixtures, and a refreshed kitchen with sleek countertops and
stainless steel appliances. The oversized primary suite offers a
generous walk-in closet and updated bath with double sinks. Formal
living and dining areas provide flexible entertaining space, while
the family room includes a cozy fireplace and wet bar. All bedrooms
are upstairs, plus double vanities in both full baths. Outside, a
covered patio overlooks the fenced backyard-perfect for gatherings.
Detached 2-car garage, large lot, and zoned to highly rated Klein
ISD schools. Conveniently located with easy access to TC Jester,
Louetta, and area shopping and dining. A standout value in a
desirable neighborhood-schedule your tour today!
Unit Size
2,762 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$134
Property Type
House
Property Taxes
$608
HOA Dues
$65
Year Built
1980
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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 #17390657)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 23, 2025 | Sold | ||
| Sold | |||
| Jun 25, 2025 | In contract | - | |
| In contract | |||
| Jun 11, 2025 | Listed by Happen Houston | $369,900 | |
| Listed by Happen Houston | |||
| Jan 12, 2022 | Sold | ||
| Sold | |||
| Dec 10, 2021 | Listed by Walzel Properties | $285,000 | |
| Listed by Walzel Properties | |||
| | |||
|
Start off the New Year in this wonderful home located on a quiet street in Terranova West. You'll enjoy the large rooms, including formals and family room with fireplace, built ins and wet bar. Upstairs you will find a MASSIVE Primary Bedroom that has ensuite with two closets, double sinks and updated fixtures. There are three large secondary bedrooms and a secondary bath with two sinks and separate toilet and shower area, perfect for kids of all ages to share the space. This home has newer carpet and paint, tasteful updates and plenty of space to spread out. The backyard is a great place for kids, with a playset and funhouse as well as a great area for adults to hang out while the kids play. Open House 12/11 & 12/12 from 12-2. Don't miss this great house in a fantastic neighborhood and Klein ISD!
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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
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Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Terranova West
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Listed by: Mahir Rizvon, Happen Houston
Last Updated: 5 months ago
Data Source: HAR , MLS# 17390657
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Last Updated: 5 months ago
Data Source: HAR , MLS# 17390657
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