6
Map
$1,200,000
●
House -
For Sale
720 Peden Street
Houston, TX 77006
4 Beds
4 Baths,
1
Half Bath
3,020 Ft²
$5,893
Est. Monthly
About This Property
Brand new modern construction in highly sought-after Montrose area.
This stunning home features a ground floor living area, high
ceilings, and an open floor plan. With 4-5 bedrooms, 4.5 bathrooms,
and an elevator ready, this property offers luxury and convenience.
The primary bedroom on the 2nd floor boasts 2 walk-in closets and a
private beverage center. Enjoy a game room, home office/study, and
a large covered veranda with outdoor kitchen. Minutes away from
Downtown, this home is the epitome of upscale urban living.
Elevator ready for easy access to all floors.
Unit Size
3,020 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$397
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-
Listed By
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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: 12 days ago (HAR #95942562)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2026 | Listed by Compass RE Texas, LLC - Houston | $1,200,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
Property Highlights
Elevator
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 4
Interior Features: Elevator, High Ceilings, Formal Entry/Foyer, Prewired for Alarm System, 1 Bedroom Down - Not Primary BR, En-Suite Bath, Primary Bed - 2nd Floor, Multilevel Bedroom, Split Plan, Walk-In Closet(s)
Appliances: Disposal, Electric Oven, Microwave, Gas Range, Dishwasher
Flooring Type: Tile, Engineered Wood
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Has Fireplace
Fireplace Features: Gas Log
Fireplaces: 1
Exterior Details
Square Footage: 3020
Property Condition: Under Construction
Architectural Style: Contemporary
Year Built Source: Builder
Year Built: 2026
Builder Name: Oracle City Homes
Building Area Total: 3020
Window Features: Insulated/Low-E windows
Construction Materials: Brick, Cement Siding
Patio and Porch Features: Deck
Lot Features: Subdivided, 0 Up To 1/4 Acre
Lot Size Area: 0.0559
Lot Size Units: Acres
Lot Size Acres: 0.0559
Lot Size Square Feet: 2435.004
Water Source: Public
Utilities Details
Cooling Type: Electric
Heating Type: Natural Gas
Sewer : Public Sewer
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
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Listed by: Dennis Pow-Sang, Compass RE Texas, LLC - Houston
Last Updated: 12 days ago
Data Source: HAR , MLS# 95942562
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Last Updated: 12 days ago
Data Source: HAR , MLS# 95942562
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