$995,000 Last Listed Price
●
Land -
Off Market
7607 River Point Drive
Houston, TX 77063
Studio
0 Bath
$1,292,078
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model
About This Property
Hunters Creek Village 24,645* sq ft lot (*per survey) located on a
cul-de-sac street in the prestigious Riverbend neighborhood. The
lot offers scenic views of the ravine and bayou with mature trees
and vegetation. Sleek + modern architectural plans (valued over
$100K) by highly acclaimed architect, Brandon Breaux, convey with
the property if the new owner chooses to use them. Lot is cleared
and ready to start building...A blank canvas to construct a dream
home with stunning views unlike any other in Houston. Easy distance
to shopping and restaurants including Trader Joe's, Whole Foods,
and Escalante's. Extraordinary + rare building opportunity in the
Memorial Villages!
Unit Size
-
Days on Market
-
Land Size
0.53 acres
Price per sqft
-
Property Type
Land
Property Taxes
$1,216
HOA Dues
$38
Year Built
1954
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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: 4 months ago (HAR #64728876)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 20, 2022 | Sold | ||
| Sold | |||
| Sep 8, 2021 | Listed by Compass RE Texas, LLC Memorial | $969,000 | |
| Listed by Compass RE Texas, LLC Memorial | |||
| | |||
|
Hunters Creek Village 24,645* sq ft lot (*per survey) located on a cul-de-sac street in the prestigious
Riverbend neighborhood. The lot offers scenic views of the ravine and bayou with mature trees and
vegetation. Lot is cleared and ready to start building your dream home with stunning views unlike any other
in Houston. Easy distance to shopping and restaurants including Trader Joe's, Whole Foods, and
Escalante's. Extraordinary + rare building opportunity in the Memorial Villages!
| |||
| Jan 22, 2021 | Sold | ||
| Sold | |||
| Nov 19, 2020 | Listed by Compass RE Texas, LLC | $995,000 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
|
Hunters Creek Village 24,645* sq ft lot (*per survey) located on a cul-de-sac street in the prestigious Riverbend neighborhood. The lot offers scenic views of the ravine and bayou with mature trees and vegetation. Sleek + modern architectural plans (valued over $100K) by highly acclaimed architect, Brandon Breaux, convey with the property if the new owner chooses to use them. Lot is cleared and ready to start building...A blank canvas to construct a dream home with stunning views unlike any other in Houston. Easy distance to shopping and restaurants including Trader Joe's, Whole Foods, and Escalante's. Extraordinary + rare building opportunity in the Memorial Villages!
| |||
Property Highlights
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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 Westside
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Listed by: Jana Bruce, Compass RE Texas, LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 64728876
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Last Updated: 4 months ago
Data Source: HAR , MLS# 64728876
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