$85,000 Last Listed Price
●
Land -
Off Market
7563 Elm Street
Houston, TX 77023
Studio
0 Bath
$94,781
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
Don't miss this great opportunity to build your dream home in the
city...This spacious lot is currently cleared with only the
remaining slab...This hard-to-find interior lot has mature trees in
desirable Mason Park terrace -East End Revitalized.. Features
include Interior lot, mature trees, established
subdivision...Conveniences include close proximity to downtown,
University of Houston, major freeways, and Texas Medical Center... NO
SURVEY!!
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
Land
Property Taxes
$135
HOA Dues
-
Year Built
1940
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Cap Rate Calculator
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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 #88185824)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 16, 2024 | Sold | ||
| Sold | |||
| Jan 4, 2024 | In contract | - | |
| In contract | |||
| Dec 15, 2023 | Listed by Nan & Company Properties | $575,000 | |
| Listed by Nan & Company Properties | |||
| | |||
|
Indulge in urban luxury at this newly constructed residence nestled in East Downtown Houston. Revel in the warmth of wood-like flooring and relish the modern aesthetic with sleek countertops and matte black hardware throughout, including exquisite rain showerheads. Unwind in the primary suite, boasting a lavish soaking tub for your private retreat and commodious walk-in closet. The open concept floor plan invites gatherings, while the spacious backyard beckons outdoor enjoyment. Embrace contemporary living in this stylish haven, where every detail reflects sophistication and comfort. Additionally, this wonderful home is perfectly positioned at only one block away from a 100+ acre lush and tranquil park. Your dream home awaits – seize the opportunity to call it your own!
| |||
| Nov 12, 2021 | Sold | ||
| Sold | |||
| Oct 20, 2021 | Listed by RE/MAX East | $85,000 | |
| Listed by RE/MAX East | |||
| | |||
|
Don't miss this great opportunity to build your dream home in the city...This spacious lot is currently cleared with only the remaining slab...This hard-to-find interior lot has mature trees in desirable Mason Park terrace -East End Revitalized.. Features include Interior lot, mature trees, established subdivision…Conveniences include close proximity to downtown, University of Houston, major freeways, and Texas Medical Center… NO SURVEY!!
| |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Eastside
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Listed by: Tina Whalen, RE/MAX East
Last Updated: 5 months ago
Data Source: HAR , MLS# 88185824
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Last Updated: 5 months ago
Data Source: HAR , MLS# 88185824
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