$978,000 Last Listed Price
●
House -
Off Market
556 Rancho Bauer Drive
Houston, TX 77079
4 Beds
3 Baths,
1
Half Bath
3,632 Ft²
$6,303
Est. Monthly
$33
HOA / Fees
About This Property
One of a kind, Spanish contemporary home in the Heart of the
Memorial area. Boasting magnificent 20' ceilings in the
palatial living room, this unique home feels airy and bright with
loads of natural light beaming through floor to ceiling windows.
Beautiful wide plank wood flooring accents the modern formal
dining that flows effortlessly into living room with custom
bookcases & built-in bar, ideal for entertaining. Updated
island kitchen sparkles with exotic granite and custom quiet close
cabinetry. Bonus study down wrapped in millwork has access to
back patio. Primary down is oversized with seating area and
spa like en suite with serene, soft finishes. Three bedrooms
and game room up with two baths. Extremely private location
tucked at back of cul-de-sac with oversized garage. The backyard
oasis has private pool & extra yard space- an unusual find.
Zoned to loved SBISD schools and situated in the nature
filled community of Memorial Drive Acres with special Peacock
residents.
Unit Size
3,632 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$269
Property Type
House
Property Taxes
$1,468
HOA Dues
$33
Year Built
1983
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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 #66013945)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 22, 2024 | Sold | ||
| Sold | |||
| Apr 30, 2024 | In contract | - | |
| In contract | |||
| Apr 5, 2024 | Listed by Lacey Cannon Properties | $978,000 | |
| Listed by Lacey Cannon Properties | |||
| | |||
|
One of a kind, Spanish contemporary home in the Heart of the Memorial area. Boasting magnificent 20' ceilings in the palatial living room, this unique home feels airy and bright with loads of natural light beaming through floor to ceiling windows. Beautiful wide plank wood flooring accents the modern formal dining that flows effortlessly into living room with custom bookcases & built-in bar, ideal for entertaining. Updated island kitchen sparkles with exotic granite and custom quiet close cabinetry. Bonus study down wrapped in millwork has access to back patio. Primary down is oversized with seating area and spa like en suite with serene, soft finishes. Three bedrooms and game room up with two baths. Extremely private location tucked at back of cul-de-sac with oversized garage. The backyard oasis has private pool & extra yard space- an unusual find. Zoned to loved SBISD schools and situated in the nature filled community of Memorial Drive Acres with special Peacock residents.
| |||
Property Highlights
Air Conditioning
Fireplace
Garage
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
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Westside
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Listed by: Lacey Cannon, Lacey Cannon Properties
Last Updated: 5 months ago
Data Source: HAR , MLS# 66013945
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Last Updated: 5 months ago
Data Source: HAR , MLS# 66013945
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