$350,000 Last Listed Price
●
House -
Off Market
7526 Santa Fe Drive
Houston, TX 77061
5 Beds
3 Baths
3,097 Ft²
$364,014
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model
About This Property
Nestled on a giant, leafy over 1/2 acre lot on one of the more
desirable streets in Garden Villas. Beautifully renovated & updated
with a huge gorgeous kitchen, refinished hardwoods & an incredibly
flexible layout that could be utilized as up to 5 - 6 bedrooms. If
you don't need that many, spaces could be great home offices, kids
play spaces, install wall to wall closet kits & create a huge
dressing/closet space in one, you have tons of options with all the
square footage! Perfect for large or extended family to create
private secluded wings for elderly parents, live-in Nanny or
boomerang adult kids. Also great for those who need ample space for
separate his & hers home offices or entertaining. Garden Villas is
one of Houston's most unique neighborhoods, with large lots,
streets canopied by pecan trees, its own radio station & wild
peacocks roaming its parks & streets. Barely outside the loop with
quick access to downtown, UH, Med Center, Hobby & the new botanical
garden.
Unit Size
3,097 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$113
Property Type
House
Property Taxes
$420
HOA Dues
-
Year Built
-
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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 #63890058)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2022 | Sold | ||
| Sold | |||
| Aug 19, 2022 | Listed by Robert Searcy Properties | $350,000 | |
| Listed by Robert Searcy Properties | |||
| | |||
|
Nestled on a giant, leafy over 1/2 acre lot on one of the more desirable streets in Garden Villas. Beautifully renovated & updated with a huge gorgeous kitchen, refinished hardwoods & an incredibly flexible layout that could be utilized as up to 5 - 6 bedrooms. If you don't need that many, spaces could be great home offices, kids play spaces, install wall to wall closet kits & create a huge dressing/closet space in one, you have tons of options with all the square footage! Perfect for large or extended family to create private secluded wings for elderly parents, live-in Nanny or boomerang adult kids. Also great for those who need ample space for separate his & hers home offices or entertaining. Garden Villas is one of Houston's most unique neighborhoods, with large lots, streets canopied by pecan trees, its own radio station & wild peacocks roaming its parks & streets. Barely outside the loop with quick access to downtown, UH, Med Center, Hobby & the new botanical garden.
| |||
Property Highlights
Garage
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
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Listed On
Closing Price
Sold On
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HOA + Taxes
About Southeast Houston
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Listed by: Robert Searcy, Robert Searcy Properties
Last Updated: 4 months ago
Data Source: HAR , MLS# 63890058
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Last Updated: 4 months ago
Data Source: HAR , MLS# 63890058
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