$709,000 Last Listed Price
●
House -
Off Market
7703 Meadowglen Lane
Houston, TX 77063
4 Beds
2 Baths,
1
Half Bath
2,804 Ft²
$4,745
Est. Monthly
$69
HOA / Fees
About This Property
Charming traditional home on a large lot on one of the best streets
in Briarmeadow. This 4/2.5 home offers both formals,spacious
open living area+many updates throughout. The kitchen features
s/s appliances,dbl ovens,6 burner range,wine fridge,custom
cabinetry,breakfast area+lots of storage space. The family room
features a gas log fireplace,built-ins+views of the backyard. The
Primary bedroom has dual closets+features an en-suite bath w/dbl
sinks. Features include updated windows,solar panels+backup
battery w/low utility bills,PVC in ground plumbing,a smart
thermostat,great storage thruout,large utility room w/custom
built-ins around washer+dryer. 2 car garage w/workroom that could
be a great home office or man cave. The backyard has a covered
patio area,sprinkler system+drainage. Ideally situated in the
middle of the block,in the middle of the neighborhood. Briarmeadow
offers a strong HOA,private pool,constable patrol+private trash
pick-up. Great central location w/easy fwy access.
Unit Size
2,804 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$253
Property Type
House
Property Taxes
$1,194
HOA Dues
$69
Year Built
1962
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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 #75258260)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 9, 2024 | Sold | ||
| Sold | |||
| Apr 11, 2024 | In contract | - | |
| In contract | |||
| Mar 7, 2024 | Listed by Compass RE Texas, LLC - Houston | $709,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| | |||
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Charming traditional home on a large lot on one of the best streets in Briarmeadow. This 4/2.5 home offers both formals,spacious open living area+many updates throughout. The kitchen features s/s appliances,dbl ovens,6 burner range,wine fridge,custom cabinetry,breakfast area+lots of storage space. The family room features a gas log fireplace,built-ins+views of the backyard. The Primary bedroom has dual closets+features an en-suite bath w/dbl sinks. Features include updated windows,solar panels+backup battery w/low utility bills,PVC in ground plumbing,a smart thermostat,great storage thruout,large utility room w/custom built-ins around washer+dryer. 2 car garage w/workroom that could be a great home office or man cave. The backyard has a covered patio area,sprinkler system+drainage. Ideally situated in the middle of the block,in the middle of the neighborhood. Briarmeadow offers a strong HOA,private pool,constable patrol+private trash pick-up. Great central location w/easy fwy access.
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Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
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Baths
ft²
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Closing Price
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HOA + Taxes
About Westside
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Listed by: Lauren Teare, Compass RE Texas, LLC - Houston
Last Updated: 5 months ago
Data Source: HAR , MLS# 75258260
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Last Updated: 5 months ago
Data Source: HAR , MLS# 75258260
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