$399,990
●
House -
Off Market
6742 Peerless Street #A
Houston, TX 77021
3 Beds
4 Baths,
1
Half Bath
1,777 Ft²
$2,140
Est. Monthly
$175
HOA / Fees
7.05%
Cap Rate
About This Property
*Estimated completion 2/1/2024* Welcome to Peerless Court! This
brand-new development is located minutes from the Medical Center,
Downtown, and the University of Houston & Texas Southern campuses.
Peerless Court offers contemporary living that features first-floor
living with high-end finishes throughout including engineered
hardwood floors, Quartz countertops, stainless steel appliances,
and modern shaker cabinets and hardware. The primary bedroom
features an oversized walk-in closet as well as a gorgeous bathroom
featuring a walk-in shower and freestanding tub. Each home has
private driveways and a large backyard space with endless
possibilities. Less than one mile from the new 52-acre, Hines
Development, Levit Green! This commercial development features
retail, dining, and outdoor spaces! Less than two miles away from
the new TMC3 Medical Center development, a separate 37-acre
mixed-use development bringing 23,000 permanent jobs to the area.
Great rental investment and AirBnb!
Unit Size
1,777 Ft²
Days on Market
-
Land Size
-
Price per sqft
$225
Property Type
House
Property Taxes
-
HOA Dues
$175
Year Built
-
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Cap Rate Calculator
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Monthly Rental Income
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Operating Profit Per Year
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: 3 years ago (HAR #51801314)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 20, 2024 | No longer available | - | |
| No longer available | |||
| Aug 9, 2024 | No longer available | - | |
| No longer available | |||
| Aug 9, 2024 | Listed by CitiQuest Properties | $379,900 | |
| Listed by CitiQuest Properties | |||
| | |||
|
Welcome to Peerless Court! This brand-new development is located minutes from the Medical Center, Downtown, and the University of Houston & Texas Southern campuses. Peerless Court offers contemporary living that features first-floor living with high-end finishes throughout, including engineered hardwood floors, Quartz countertops, stainless steel appliances, and modern shaker cabinets and hardware. The primary bedroom features an oversized walk-in closet as well as a gorgeous bathroom featuring a walk-in shower and freestanding tub. Each home has a large backyard space with endless possibilities. Less than one mile from the new 52-acre, Hines Development, Levit Green! This commercial development features retail, dining, and outdoor spaces! Less than two miles away from the new TMC3 Medical Center development, a separate 37-acre mixed-use development bringing 23,000 permanent jobs to the area. Great rental investment and AirBnb!
| |||
| Jul 7, 2024 | Price Decreased |
$399,900
↓ $10K
(2.4%) | |
| Price Decreased | |||
| May 25, 2024 | Price Decreased |
$409,900
↓ $90
(0%) | |
| Price Decreased | |||
Show More
Property Highlights
Air Conditioning
New Development
Parking Details
Has Garage
Garage Features: Attached Garage
Garage: 2 Spaces
Interior Details
Bedrooms: 3
Bedrooms: Primary Bed - 2nd Floor
Full Bathrooms: 3
Half Bathrooms: 1
Living Area SqFt: 1777
Exterior Details
Year Built: 2023
Year Built Source: Builder
Home Type: Single-Family
Architectural Style: Contemporary/Modern
Construction materials: Cement Board, Vinyl, Wood
New Construction
New Construction Description: To Be Built/Under Construction
Foundation: Slab on Builders Pier
Roof: Composition
Financial Details
Parcel Number: 000-000-011-0011
Utilities Details
Heating Type: Central Gas
Cooling Type: Central Electric
Sewer Septic: Public Sewer, Public Water
Location Details
Location: FROM 288 N EXIT OLD SPANISH TRAIL/HOLCOMBE BLVD, TAKE A RIGHT ON YELLOWSTONE AND TAKE A LEFT ON PEERLESS ST, HOMES ARE ON LEFT
Subdivision: SOUTHLAND
HOA Details
HOA Fee: $175
HOA Fee Pay Schedule: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/24/2024
|
3 Bed
|
4 Bath
|
1777 ft²
|
$389,900
3 Bed
4 Bath
1777 ft²
|
-
-
|
Patrick Burbridge
CitiQuest Properties
| |
|
01/09/2024
|
3 Bed
|
4 Bath
|
1777 ft²
|
$399,990
3 Bed
4 Bath
1777 ft²
|
-
-
|
Patrick Burbridge
CitiQuest Properties
| |
|
06/27/2024
|
3 Bed
|
4 Bath
|
1777 ft²
|
$379,900
3 Bed
4 Bath
1777 ft²
|
$380,000
+0.03%
10/14/2024
|
Patrick Burbridge
CitiQuest Properties
| |
|
06/04/2024
|
3 Bed
|
4 Bath
|
1777 ft²
|
$399,900
3 Bed
4 Bath
1777 ft²
|
-
-
|
Patrick Burbridge
CitiQuest Properties
|
Building Info
6742 Peerless Street
6742 Peerless Street, Houston, TX 77021
- 3 Units for Sale
About Southeast Houston
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,400 /mo
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$2,400 /mo
- 3 Beds
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Listed by: Patrick Burbridge, CitiQuest Properties
Last Updated: 3 years ago
Data Source: HAR , MLS# 51801314
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Last Updated: 3 years ago
Data Source: HAR , MLS# 51801314
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