$420,000 Last Listed Price
●
House -
Off Market
5902 Echo Lake Lane
Houston, TX 77069
4 Beds
3 Baths,
1
Half Bath
3,564 Ft²
$472,690
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
One of a kind property on cul-de-sac street in Golf Course
Community of Champions North. Character, charm and technology. 2754
sqft Main house with 810 sqft guest quarters on a large corner lot.
Huge pool with spa and waterfall. This spilt plan has both formals,
a huge living room with wall to wall windows looking at the pool.
Hard wood floors and built ins. Master suite was updated in last
couple of years. All white kitchen has lots of storage space,
island and room to entertain. All bedrooms are huge with lots of
closet space. Guest quarters have full kitchen, living, dining area
with a large primary bedroom. All tile floors. Can make a great
rental or extra quarters for family and friends or for home run
business. Remote controlled blinds, Nest thermostats, video
doorbell. Wireless dimmer light switches, LED lighting. Across from
walking gravel path and water features coming soon. Close to
amenities like schools, restaurants, parks, shopping, hospitals,
daycare, church & more.
Unit Size
3,564 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$118
Property Type
House
Property Taxes
$600
HOA Dues
$70
Year Built
1965
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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 #2054260)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 24, 2021 | Sold | ||
| Sold | |||
| Jul 16, 2021 | Listed by Woodlands Eco Realty | $420,000 | |
| Listed by Woodlands Eco Realty | |||
| | |||
|
One of a kind property on cul-de-sac street in Golf Course Community of Champions North. Character, charm and technology. 2754 sqft Main house with 810 sqft guest quarters on a large corner lot. Huge pool with spa and waterfall. This spilt plan has both formals, a huge living room with wall to wall windows looking at the pool. Hard wood floors and built ins. Master suite was updated in last couple of years. All white kitchen has lots of storage space, island and room to entertain. All bedrooms are huge with lots of closet space. Guest quarters have full kitchen, living, dining area with a large primary bedroom. All tile floors. Can make a great rental or extra quarters for family and friends or for home run business. Remote controlled blinds, Nest thermostats, video doorbell. Wireless dimmer light switches, LED lighting. Across from walking gravel path and water features coming soon. Close to amenities like schools, restaurants, parks, shopping, hospitals, daycare, church & more.
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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HOA + Taxes
About Champions North
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Currently no similar homes aroundNearby Rentals
Listed by: Priyanka Johri, Woodlands Eco Realty
Last Updated: 6 months ago
Data Source: HAR , MLS# 2054260
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Last Updated: 6 months ago
Data Source: HAR , MLS# 2054260
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