$365,000 Last Listed Price
●
House -
Off Market
5534 Spellman Road
Houston, TX 77096
3 Beds
2 Baths
2,182 Ft²
$1,835
Est. Monthly
$30
HOA / Fees
About This Property
Charming home lovingly maintained by the same owner for 50+ years!
NEVER FLOODED & not in flood zone. Minutes to Westbury's park, pool
+ Parker Elementary! Situated on large lot with metal roof, brand
new HVAC, replaced Pex and sewer lines. Live now and update later!
Large versatile formal living and dining room. Kitchen with an
abundance of counter and cabinet space with adjacent breakfast
room. Utility room inside home with extra storage. Spacious den
great for entertaining. Oversized primary bedroom at the rear of
the home w/dual closet and ensuite bath with shower. Generous size
secondary bedrooms with beautiful original hardwood flooring. Hall
bath features tub/shower with ample counter and storage space.
Spacious covered, screened patio looking out to the beautifully
landscaped backyard with wildflowers and butterfly garden. 2 car
detached garage w/iron driveway gate. Fridge, WD stay. Blocks from
Willow Waterhole Park, Shannon Walker Library, HEB, CVS + Meyerland
Plaza shopping.
Unit Size
2,182 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$167
Property Type
House
Property Taxes
$12
HOA Dues
$30
Year Built
1957
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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 #7030282)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 20, 2024 | Sold | ||
| Sold | |||
| Aug 11, 2024 | In contract | - | |
| In contract | |||
| Jul 29, 2024 | Listed by Brock & Foster Real Estate | $365,000 | |
| Listed by Brock & Foster Real Estate | |||
| | |||
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Charming home lovingly maintained by the same owner for 50+ years! NEVER FLOODED & not in flood zone. Minutes to Westbury’s park, pool + Parker Elementary! Situated on large lot with metal roof, brand new HVAC, replaced Pex and sewer lines. Live now and update later! Large versatile formal living and dining room. Kitchen with an abundance of counter and cabinet space with adjacent breakfast room. Utility room inside home with extra storage. Spacious den great for entertaining. Oversized primary bedroom at the rear of the home w/dual closet and ensuite bath with shower. Generous size secondary bedrooms with beautiful original hardwood flooring. Hall bath features tub/shower with ample counter and storage space. Spacious covered, screened patio looking out to the beautifully landscaped backyard with wildflowers and butterfly garden. 2 car detached garage w/iron driveway gate. Fridge, WD stay. Blocks from Willow Waterhole Park, Shannon Walker Library, HEB, CVS + Meyerland Plaza shopping.
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Listed by: Susan Brock, Brock & Foster Real Estate
Last Updated: 4 months ago
Data Source: HAR , MLS# 7030282
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Last Updated: 4 months ago
Data Source: HAR , MLS# 7030282
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