$324,900 Last Listed Price
●
House -
Off Market
617 N Melody Lane
Eagle Lake, TX 77434
3 Beds
2 Baths,
1
Half Bath
2,916 Ft²
$332,400
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
About This Property
Nestled under the large mature live oak trees with a feel of peace
this home has so much to offer. It is a 3 bedroom 2.5 baths and
sits on two lots so you have plenty of room to do just about
anything you like. The kitchen opens up into the family room so the
cook will never feel left out. Bedrooms are all on one side of the
home while the breakfast room has a large picture window that looks
out over the 2nd lot. This is a must see home that has so much to
offer and a neighborhood that is very welcoming. Don't wait as this
home will not last long.
Unit Size
2,916 Ft²
Days on Market
-
Land Size
0.83 acres
Price per sqft
$111
Property Type
House
Property Taxes
$495
HOA Dues
-
Year Built
1960
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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 #89774452)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 28, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 11, 2025 | Price Decreased |
$325,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
| May 23, 2025 | Price Decreased |
$330,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Apr 3, 2025 | Price Decreased |
$335,000
↓ $14K
(4%) | |
| Price Decreased | |||
| Jan 28, 2025 | Listed by Tri-County Realty, LLC - Double G Realty Group | $349,000 | |
| Listed by Tri-County Realty, LLC - Double G Realty Group | |||
| | |||
|
Looking for a beautiful home in a great neighborhood with plenty of room. This home is nestled under large mature live oak trees, and as you turn onto Melody Lane, the street is lined with large mature live oak trees. This home has 4 bedrooms, 2.5 baths, 2-car attached garage, and a kitchen that opens up to the family room, so the chef of the family will always be just feet away from family entertainment. There are also great views through the large picturesque window from the breakfast room looking out of the additional lot. There are so many possibilities for this additional lot, including a swimming pool, outdoor kitchen, etc. The utility room is located as you come in from the garage/ or on the backside of the dining room. The large family room and dining room are centrally located in the home, with a fireplace along the back wall. The sellers recently put up a new privacy fence. You will not want to miss out on looking at this home, as homes like this do not come along very often.
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Eagle Lake
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Listed by: Penny Henske, Double G Realty, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 89774452
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Last Updated: 5 months ago
Data Source: HAR , MLS# 89774452
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