34
Map
$850,000 Last Listed Price
●
House -
Off Market
5606 Venice Street
Houston, TX 77007
3 Beds
3 Baths,
2
Half Baths
3,120 Ft²
$5,597
Est. Monthly
2.58%
Cap Rate
About This Property
Welcome to this beautiful Memorial Park Villa with elevator access
to all levels. It is ideally located just one block off Memorial
Drive with a walk score of 84. This beautifully designed home
offers a lifestyle of elegance and ease. Crafted by one of
Houston's premier custom builders, it features bright, open living
spaces, refined finishes, and comes equipped with an elevator. The
dramatic entry showcases a semi-spiral staircase leading to a
third-floor game room or optional fourth bedroom. A spacious,
covered balcony provides the perfect setting for a summer kitchen,
dining, and lounging. The chef's kitchen includes a large island
and a generous dining area that opens to the living room. The
primary suite offers impressive city views, a spa-like bathroom,
and dual closets. Just seven minutes from Downtown, and surrounded
by Memorial Park, Bayou Bend, and Buffalo Bayou's scenic trails and
green spaces.
Unit Size
3,120 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$272
Property Type
House
Property Taxes
$1,423
HOA Dues
-
Year Built
2017
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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: 6 months ago (HAR #13190312)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 16, 2025 | Sold | ||
| Sold | |||
| May 9, 2025 | In contract | - | |
| In contract | |||
| Apr 25, 2025 | Listed by Martha Turner Sotheby's International Realty | $850,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| Dec 19, 2019 | Sold | ||
| Sold | |||
| Jun 24, 2019 | Listed by Martha Turner Sotheby's | $699,800 | |
| Listed by Martha Turner Sotheby's | |||
| | |||
|
Last one available - Memorial Park CitiView Villas with an amazing location, just one block off Memorial Drive and walking distance to the Park offer a wonderful lifestyle experience of convenience and sophistication. Beautifully appointed and superbly built by one of Houston’s premier custom builders; can be further customized for the selective buyer. Light filled and open spaces. Amazing entry with semi-spiral stairs all the way up to the game room or optional 4th bedroom. Texas size covered balcony with room for summer kitchen, eating and sitting areas. Elevator capable. Gourmet kitchen with seating island and large dining area open to living room. Master Bedroom with city views and luxurious bath and 2 closets. Seven minutes to Downtown and surrounded by Memorial Park, Bayou Bend Park and Buffalo Bayou collection of Parks.
| |||
Property Highlights
Elevator
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Central Houston
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Listed by: Vicki Barazandeh, Martha Turner Sotheby's International Realty
Last Updated: 6 months ago
Data Source: HAR , MLS# 13190312
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Last Updated: 6 months ago
Data Source: HAR , MLS# 13190312
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