$989,000 Last Listed Price
●
House -
Off Market
618 Patchester Drive
Houston, TX 77079
4 Beds
2 Baths,
1
Half Bath
2,528 Ft²
$4,923
Est. Monthly
$67
HOA / Fees
About This Property
Showings begin Sunday, September 15th. Welcome to this charming
one-story home in the sought-after neighborhood of Wilchester West,
zoned to SBISD schools, Wilchester Elementary, Memorial Middle and
Stratford High. Freshly painted inside and out, this light-filled
gem features high ceilings in the entry & dining and a vaulted
beamed ceiling in the spacious family room which opens to a
timeless kitchen. Enjoy updated windows, full interior and exterior
paint(2024), fresh carpet in the bedrooms(2024), PEX plumbing,
Hardiplank siding and a renovated primary bath. The open, bright
ambiance creates a welcoming atmosphere, perfect for entertaining.
Situated in a fantastic family-friendly community near Terry
Hershey hike and bike trails, City Centre and the Energy Corridor,
this home offers both comfort and convenience. All per Seller
Unit Size
2,528 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$391
Property Type
House
Property Taxes
-
HOA Dues
$67
Year Built
1966
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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 #50570344)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2024 | Sold | ||
| Sold | |||
| Sep 19, 2024 | In contract | - | |
| In contract | |||
| Sep 13, 2024 | Listed by Compass RE Texas, LLC - Memorial | $989,000 | |
| Listed by Compass RE Texas, LLC - Memorial | |||
| | |||
|
Showings begin Sunday, September 15th. Welcome to this charming one-story home in the sought-after neighborhood of Wilchester West, zoned to SBISD schools, Wilchester Elementary, Memorial Middle and Stratford High. Freshly painted inside and out, this light-filled gem features high ceilings in the entry & dining and a vaulted beamed ceiling in the spacious family room which opens to a timeless kitchen. Enjoy updated windows, full interior and exterior paint(2024), fresh carpet in the bedrooms(2024), PEX plumbing, Hardiplank siding and a renovated primary bath. The open, bright ambiance creates a welcoming atmosphere, perfect for entertaining. Situated in a fantastic family-friendly community near Terry Hershey hike and bike trails, City Centre and the Energy Corridor, this home offers both comfort and convenience. All per Seller
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
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Type
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Baths
ft²
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HOA + Taxes
About Westside
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Listed by: Kim Zander, Compass RE Texas, LLC - Memorial
Last Updated: 5 months ago
Data Source: HAR , MLS# 50570344
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Last Updated: 5 months ago
Data Source: HAR , MLS# 50570344
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