$465,000 Last Listed Price
●
House -
Off Market
7731 Melody Circle
Houston, TX 77040
4 Beds
3 Baths
2,724 Ft²
$463,731
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
About This Property
Live in a piney forest in the close-in Woodwind Lakes Neighborhood.
DROP DEAD GORGEOUS property and in a PREMIUM location at the
end of a cul-de-sac with direct access to an 8 acre lake with a
mile walking trail around the lake. Enjoy your large covered
patio with exquisite waterfall and landscaping. Your home made for
entertaining has both formals, den, breakfast area with window
seats and Island kitchen. Granite countertops and brush steel
appliances make this kitchen incredible. Primary suite first floor
is great size and primary bath has jacuzzi tub and large separate
shower. Second bedroom down makes a beautiful office.
Upstairs has 2 good size bedrooms and game room/ media room.
Recent updates include Tankless Water Heater for instant hot water
(3 years) downstairs a/c coils and upstairs a/c. Part of 2 year
warranty will also be transferred.
Unit Size
2,724 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$171
Property Type
House
Property Taxes
$649
HOA Dues
$68
Year Built
1994
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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 #67731784)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 19, 2023 | Sold | ||
| Sold | |||
| Jun 7, 2023 | Listed by Keller Williams Premier Realty Katy | $465,000 | |
| Listed by Keller Williams Premier Realty Katy | |||
| | |||
|
Live in a piney forest in the close-in Woodwind Lakes Neighborhood. DROP DEAD GORGEOUS property and in a PREMIUM location at the end of a cul-de-sac with direct access to an 8 acre lake with a mile walking trail around the lake. Enjoy your large covered patio with exquisite waterfall and landscaping. Your home made for entertaining has both formals, den, breakfast area with window seats and Island kitchen. Granite countertops and brush steel appliances make this kitchen incredible. Primary suite first floor is great size and primary bath has jacuzzi tub and large separate shower. Second bedroom down makes a beautiful office. Upstairs has 2 good size bedrooms and game room/ media room. Recent updates include Tankless Water Heater for instant hot water (3 years) downstairs a/c coils and upstairs a/c. Part of 2 year warranty will also be transferred.
| |||
Property Highlights
Air Conditioning
Fireplace
Garage
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Woodwind Lakes
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Robert Pollard, Keller Williams Premier Realty Katy
Last Updated: 4 months ago
Data Source: HAR , MLS# 67731784
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Last Updated: 4 months ago
Data Source: HAR , MLS# 67731784
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