$1,899,000 Last Listed Price
●
House -
Off Market
7 W Terrace Drive
Houston, TX 77007
4 Beds
4 Baths,
1
Half Bath
4,904 Ft²
$11,624
Est. Monthly
$413
HOA / Fees
About This Property
This gorgeous 4 bedroom with 4 1/2 baths have been extensively
remodeled and move-in ready. Located in desirable Arlington
Court with 24 hour security. Close in location makes an easy
commute to downtown Houston and the Galleria. Walking
distance to Memorial Park. The open floor plan makes this
home perfect for entertaining. The turfed back yard is low
maintenance and a perfect place for kids to play or your family
pet.
Unit Size
4,904 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$387
Property Type
House
Property Taxes
$1,886
HOA Dues
$413
Year Built
1999
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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 #42538687)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 25, 2024 | Sold | ||
| Sold | |||
| Mar 25, 2024 | In contract | - | |
| In contract | |||
| Mar 22, 2024 | Listed by Martha Turner Sotheby's International Realty | $1,899,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| | |||
|
This gorgeous 4 bedroom with 4 1/2 baths have been extensively remodeled and move-in ready. Located in desirable Arlington Court with 24 hour security. Close in location makes an easy commute to downtown Houston and the Galleria. Walking distance to Memorial Park. The open floor plan makes this home perfect for entertaining. The turfed back yard is low maintenance and a perfect place for kids to play or your family pet.
| |||
| Dec 16, 2019 | Sold | ||
| Sold | |||
| Jun 28, 2019 | Listed by Martha Turner Sotheby's | $1,250,000 | |
| Listed by Martha Turner Sotheby's | |||
| | |||
|
Completed in 2000, this stunning Contemporary sits on a gorgeous lot in exclusive Arlington Court close to Memorial Park. Impressive entry hall leads to a home built for entertaining. Study with built-ins, open living area, wet bar, chef's kitchen with large breakfast/den area, formal dining. Fabulous ravine views from all living areas and patio/deck. Installed elevator. All bedrooms with en-suite bath, two leading to terraces. Third floor bonus room with many possibilities. Did not flood. Also available for lease.
| |||
Property Highlights
Elevator
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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ft²
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About Central Houston
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Listed by: Sabrina Elias, Martha Turner Sotheby's International Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 42538687
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Last Updated: 5 months ago
Data Source: HAR , MLS# 42538687
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