$475,000 Last Listed Price
●
House -
Off Market
711 Lester Street
Houston, TX 77007
2 Beds
1 Bath
1,156 Ft²
$604,218
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model
About This Property
Great opportunity to build in the Rice Military area. Awesome
location and within walking distance to Buffalo Bayou natural
trails, minutes from Downtown, the Memorial Park, Galleria, and
Texas Medical Center. This area is being developed with elegant
town homes. The home on this lot should be considered a tear-down.
Home is occupied and so you should schedule an appointment to enter
the gate. Priced for lot value only.
Unit Size
1,156 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$411
Property Type
House
Property Taxes
$605
HOA Dues
-
Year Built
2022
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
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: 5 months ago (HAR #91409372)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 1, 2026 | No longer available | - | |
| No longer available | |||
| Oct 25, 2025 | Price Decreased |
$890,000
↓ $20K
(2.2%) | |
| Price Decreased | |||
| Oct 12, 2025 | Listed by Texas Premier Realty | $910,000 | |
| Listed by Texas Premier Realty | |||
| | |||
|
A stunning modern 3-story home in the heart of Rice Military offering nearly 3,000 sq. ft. of living space. This contemporary home features 4 bedrooms, 3.5 baths, and desirable first-floor living. The chef’s kitchen boasts a quartz waterfall island, rustic oak ASIA cabinetry, Fisher & Paykel stainless steel appliances, stainless wine cooler, and Remote Lutron Shades throughout. European-engineered white oak hardwood floors extend across the home. The primary suite includes an oversized walk-in closet, frameless glass shower, and soaking tub. Enjoy city views from the third-floor rooftop terrace. Features include a walk-in pantry, utility room, pre-wired security camera system, private driveway with extra side parking, fenced yard with putting green. Across from Nellie Keyes Park, less than a mile from Memorial Park & Memorial Drive for quick access to Downtown & the Galleria. Zoned to the highly sought-after Lamar High School. No HOA. Buyer and Buyer’s Agent to verify all information.
| |||
| May 8, 2023 | Sold | ||
| Sold | |||
| Nov 7, 2022 | Listed by CitiQuest Properties | $749,990 | |
| Listed by CitiQuest Properties | |||
| | |||
|
New construction - Expected completion January 2023! Welcome to Lester Oaks by TOMO Homes. Located in the heart of Rice Military, these modern 3 story homes boast over 2,700 square feet with a unique open floor plan that features 4 beds, 3.5 baths, first floor living space, large primary and secondary bedrooms, and a third floor rooftop terrace with city views, perfect for entertaining! Modern interior design includes an open kitchen with a quartz waterfall island, rustic oak ASIA cabinetry, Fisher & Paykel stainless steel appliances, European engineered white oak hardwoods throughout, and stainless steel wine cooler. The primary bedroom features an oversized walk-in closet, frameless glass shower and an elegant soaking tub. Additional features include walk-in utility room and pantry, pre wired security cameras, and private driveways. Enjoy being right across from Nellie Keyes Park, quick freeway access, and walking distance from Memorial Park and many bars and restaurants. No HOA!
| |||
Show More
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Central Houston
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Zelda Cain, A2Z Real Estate Consultants
Last Updated: 5 months ago
Data Source: HAR , MLS# 91409372
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any
purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Last Updated: 5 months ago
Data Source: HAR , MLS# 91409372
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017