$325,000 Last Listed Price
●
House -
Off Market
722 Price Drive
Wharton, TX 77488
4 Beds
3 Baths
2,254 Ft²
$1,596
Est. Monthly
About This Property
Conveniently located with a hometown feel while close to a major
metropolitan area; 45 minutes to Houston city limits and the Gulf
Coast, airports, beach, fishing, hunting, dining and shopping
opportunities all nearby.
The property sits on two spacious lots featuring the main house with 3 bedrooms, 2 bathrooms, living room, dining room, family room and an office. Connected by a lovely breezeway sitting area, but with a private entrance is a fully equipped guest apartment with kitchenette and full bathroom. Ideal for visitors, extended family, or as a rental unit. The large yard showcases a lush lawn and landscaping ideal for outdoor activities, gardening and relaxing in an arbor-covered back patio.
With two 2-car garages and side driveway, there's plenty of room for four vehicles and a boat or RV. Detached workshop is a craft-person's dream with built-in workbenches, shelving and rafter storage. There's not a more versatile property than this gem.
The property sits on two spacious lots featuring the main house with 3 bedrooms, 2 bathrooms, living room, dining room, family room and an office. Connected by a lovely breezeway sitting area, but with a private entrance is a fully equipped guest apartment with kitchenette and full bathroom. Ideal for visitors, extended family, or as a rental unit. The large yard showcases a lush lawn and landscaping ideal for outdoor activities, gardening and relaxing in an arbor-covered back patio.
With two 2-car garages and side driveway, there's plenty of room for four vehicles and a boat or RV. Detached workshop is a craft-person's dream with built-in workbenches, shelving and rafter storage. There's not a more versatile property than this gem.
Unit Size
2,254 Ft²
Days on Market
-
Land Size
-
Price per sqft
$144
Property Type
House
Property Taxes
-
HOA Dues
-
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: 5 months ago (HAR #61518832)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Nov 3, 2024 | In contract | - | |
| In contract | |||
| Jul 31, 2024 | Listed by eXp Realty LLC | $325,000 | |
| Listed by eXp Realty LLC | |||
| | |||
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Conveniently located with a hometown feel while close to a major metropolitan area; 45 minutes to Houston city limits and the Gulf Coast, airports, beach, fishing, hunting, dining and shopping opportunities all nearby.
The property sits on two spacious lots featuring the main house with 3 bedrooms, 2 bathrooms, living room, dining room, family room and an office. Connected by a lovely breezeway sitting area, but with a private entrance is a fully equipped guest apartment with kitchenette and full bathroom. Ideal for visitors, extended family, or as a rental unit. The large yard showcases a lush lawn and landscaping ideal for outdoor activities, gardening and relaxing in an arbor-covered back patio.
With two 2-car garages and side driveway, there’s plenty of room for four vehicles and a boat or RV. Detached workshop is a craft-person’s dream with built-in workbenches, shelving and rafter storage. There’s not a more versatile property than this gem.
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Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
Price/ft²
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Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Wharton
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Currently no similar homes aroundNearby Rentals
Listed by: Stacie Hoyt, eXp Realty LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 61518832
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Last Updated: 5 months ago
Data Source: HAR , MLS# 61518832
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