$459,900 Last Listed Price
●
House -
Off Market
7811 Lake Meredith Drive
Needville, TX 77461
4 Beds
3 Baths,
1
Half Bath
3,494 Ft²
$497,448
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model
About This Property
Welcome to your beautiful K. Hovnanian home on over 1.2 acres!
Located in the coveted Tejas Lakes private gated community with a
massive back yard and no back neighbors! The large primary suite
features a spacious walk-in closet and en suite bath including a
relaxing jetted tub, double sinks, and a separate shower.
Downstairs, you'll find a spacious kitchen with oversized island,
granite counters, an attached breakfast room, and stainless-steel
appliances (refrigerator included). The kitchen opens to the family
room with soaring ceilings and a ship-lap fireplace surround. The
second floor offers three additional bedrooms with two full baths,
a spacious game room, and a separate media room. The expansive
backyard has endless possibilities. The home had a new roof in 2020
and per the owner did not flood. This secluded Needville home
offers a country feel with close proximity to major highways,
shopping, and entertainment. This oasis is priced to sell and won't
last long!
Unit Size
3,494 Ft²
Days on Market
-
Land Size
1.21 acres
Price per sqft
$132
Property Type
House
Property Taxes
-
HOA Dues
$83
Year Built
2015
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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 #88668752)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 5, 2022 | Sold | ||
| Sold | |||
| Nov 27, 2021 | Listed by Oak Story Realty, LLC. | $459,900 | |
| Listed by Oak Story Realty, LLC. | |||
| | |||
|
Welcome to your beautiful K. Hovnanian home on over 1.2 acres! Located in the coveted Tejas Lakes private gated community with a massive back yard and no back neighbors! The large primary suite features a spacious walk-in closet and en suite bath including a relaxing jetted tub, double sinks, and a separate shower. Downstairs, you’ll find a spacious kitchen with oversized island, granite counters, an attached breakfast room, and stainless-steel appliances (refrigerator included). The kitchen opens to the family room with soaring ceilings and a ship-lap fireplace surround. The second floor offers three additional bedrooms with two full baths, a spacious game room, and a separate media room. The expansive backyard has endless possibilities. The home had a new roof in 2020 and per the owner did not flood. This secluded Needville home offers a country feel with close proximity to major highways, shopping, and entertainment. This oasis is priced to sell and won’t last long!
| |||
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
Status
Type
Beds
Baths
ft²
Price/ft²
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Closing Price
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HOA + Taxes
About Fort Bend
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Listed by: Douglas Clawson, Oak Story Realty, LLC.
Last Updated: 5 months ago
Data Source: HAR , MLS# 88668752
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Last Updated: 5 months ago
Data Source: HAR , MLS# 88668752
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