41
Map
$599,000 Last Listed Price
●
House -
Off Market
706 Walnut Bend Lane
Houston, TX 77042
3 Beds
2 Baths
2,082 Ft²
$4,041
Est. Monthly
$83
HOA / Fees
About This Property
Sophistication meets charm in this beautifully updated one-story
home in the highly sought-after Walnut Bend subdivision. The
light-filled, traditional floor plan offers an effortless flow for
both everyday living and entertaining, featuring formal living and
dining rooms, a spacious kitchen w/island open to the family room,
and 3 generous bedrooms with 2 full baths. The utility room off the
kitchen includes a convenient dry bar w/wine refrigerator. Notable
highlights include exceptional storage throughout, a garage deep
enough for a full-size SUV, & a private backyard w/endless
potential for outdoor enjoyment. Extensive 2018–2019 updates
include new plumbing (supply and sewer), updated electrical, HVAC,
water heater, and more(see Improvements list). Ideally located near
major thoroughfares, with Terry Hershey Park & Buffalo Bayou Trails
less than a mile away. Walnut Bend HOA amenities include tennis &
pickleball courts, turfed playground, family pool, & more. All info
per Seller.
Unit Size
2,082 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$288
Property Type
House
Property Taxes
$1,016
HOA Dues
$83
Year Built
1970
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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 #64898254)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 30, 2025 | Sold | ||
| Sold | |||
| Nov 23, 2025 | In contract | - | |
| In contract | |||
| Nov 4, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 30, 2025 | Listed by Martha Turner Sotheby's International Realty | $599,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| | |||
|
Sophistication meets charm in this beautifully updated one-story home in the highly sought-after Walnut Bend subdivision. The light-filled, traditional floor plan offers an effortless flow for both everyday living and entertaining, featuring formal living and dining rooms, a spacious kitchen w/island open to the family room, and 3 generous bedrooms with 2 full baths. The utility room off the kitchen includes a convenient dry bar w/wine refrigerator. Notable highlights include exceptional storage throughout, a garage deep enough for a full-size SUV, & a private backyard w/endless potential for outdoor enjoyment. Extensive 2018–2019 updates include new plumbing (supply and sewer), updated electrical, HVAC, water heater, and more(see Improvements list). Ideally located near major thoroughfares, with Terry Hershey Park & Buffalo Bayou Trails less than a mile away. Walnut Bend HOA amenities include tennis & pickleball courts, turfed playground, family pool, & more. All info per Seller.
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Closing Price
Sold On
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HOA + Taxes
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Listed by: Tabatha Urech, Martha Turner Sotheby's International Realty
Last Updated: 6 months ago
Data Source: HAR , MLS# 64898254
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Last Updated: 6 months ago
Data Source: HAR , MLS# 64898254
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