26
Map
$699,000 Last Listed Price
●
House -
Off Market
721 Ralfallen Street
Houston, TX 77008
2 Beds
1 Bath
1,130 Ft²
$4,486
Est. Monthly
About This Property
Located in the Ridgewood section of The Heights (NOT governed by
the Historic District) this 2 bedroom, 1 bath bungalow gives you
character and timeless design the Heights is known for. Home
starts with a covered porch perfect for outdoor lounging.
Walking in, you are greeted by the living room w/ wrap around
windows, built in storage, & fireplace. The large opening to
the spacious dining room create an open but separate space.
The dining room is a great size, can handle large furniture &
is open to the gorgeous kitchen that features viola marble counters
and backsplash along with stainless steel appliances. The 2
bedrooms are large in size &the primary suite gives you 3
closets and a full bath between the 2 bedrooms as well as a hall
closet for additional storage. The mud room gives you a great
space to land when you walk into the house and the laundry room in
the house add great functionality. The outdoor space is large
with turf, automatiuc driveway gate, EV charge and more!
Unit Size
1,130 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$619
Property Type
House
Property Taxes
$1,053
HOA Dues
-
Year Built
1929
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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: 4 months ago (HAR #54035807)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 7, 2026 | Sold | ||
| Sold | |||
| Jun 8, 2026 | In contract | - | |
| In contract | |||
| May 29, 2026 | Listed by Compass RE Texas, LLC - Houston | $699,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| Jun 28, 2023 | Sold | ||
| Sold | |||
| Jun 1, 2023 | Listed by Martha Turner Sotheby's International Realty | $630,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| | |||
|
This charming bungalow in Houston Heights is a cozy 2 BD/1 bath, home located on a quiet, tree-lined street. It offers a well-maintained & adorable living space w/ a desirable central location within walking distance of restaurants, bars, and shops. The exterior of the house was painted in 2020 in soft neutral gray tones, while the interior features soft, cool sea glass blue tones & beautiful hardwood floors. The front porch is welcoming, and the wood-burning fireplace adds to the original Heights charm.Inside, the kitchen is equipped w/ stainless steel appliances & quartz countertops.The home also boasts SMART (Alexa compatible) light switch plates throughout, offering modern convenience.The open floor plan creates a light & bright atmosphere, perfect for entertaining.The backyard is fenced & recently installed turf eliminates the need for constant maintenance.A storage shed provides extra space for belongings.Original charm plus modern updates invite a comfortable living experience.
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Central Houston
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Listed by: Lisa Kornhauser, Compass RE Texas, LLC - Houston
Last Updated: 4 months ago
Data Source: HAR , MLS# 54035807
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Last Updated: 4 months ago
Data Source: HAR , MLS# 54035807
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