$190,000 Last Listed Price
●
House -
Off Market
7946 Sparta Street
Houston, TX 77028
3 Beds
2 Baths
1,234 Ft²
$933
Est. Monthly
About This Property
Welcome to 7946 Sparta ! This single-story 3-bedroom, 2-bath home
is part of the Houston Land Bank Program or HAP.
Step into an open-concept layout, designed for comfort and convenience. The kitchen features modern appliances and a breakfast bar for relaxed dining.
Enjoy the privacy of three spacious bedrooms. The master bedroom boasts an en-suite bathroom and a walk-in closet.
Outside, low-maintenance landscaping and a private backyard make outdoor living a breeze.
Located close to schools, parks, shopping, and dining options, this home is at the heart of Houston's vibrant community.
This Property is one of four that are available to purchase
Potential Buyers will have to apply specifically to the Houston "HAP" program. The builder will choose the buyer from the pool of prospects that have completed the process. The HAP program is an income based program, owner occupants only.
Step into an open-concept layout, designed for comfort and convenience. The kitchen features modern appliances and a breakfast bar for relaxed dining.
Enjoy the privacy of three spacious bedrooms. The master bedroom boasts an en-suite bathroom and a walk-in closet.
Outside, low-maintenance landscaping and a private backyard make outdoor living a breeze.
Located close to schools, parks, shopping, and dining options, this home is at the heart of Houston's vibrant community.
This Property is one of four that are available to purchase
Potential Buyers will have to apply specifically to the Houston "HAP" program. The builder will choose the buyer from the pool of prospects that have completed the process. The HAP program is an income based program, owner occupants only.
Unit Size
1,234 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$154
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
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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: 6 months ago (HAR #6260955)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 15, 2024 | Sold | ||
| Sold | |||
| Dec 19, 2023 | In contract | - | |
| In contract | |||
| Nov 25, 2023 | Listed by B & W Realty Group LLC | $190,000 | |
| Listed by B & W Realty Group LLC | |||
| | |||
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Welcome to 7946 Sparta ! This single-story 3-bedroom, 2-bath home is part of the Houston Land Bank Program or HAP.
Step into an open-concept layout, designed for comfort and convenience. The kitchen features modern appliances and a breakfast bar for relaxed dining.
Enjoy the privacy of three spacious bedrooms. The master bedroom boasts an en-suite bathroom and a walk-in closet.
Outside, low-maintenance landscaping and a private backyard make outdoor living a breeze.
Located close to schools, parks, shopping, and dining options, this home is at the heart of Houston's vibrant community.
This Property is one of four that are available to purchase
Potential Buyers will have to apply specifically to the Houston “HAP” program. The builder will choose the buyer from the pool of prospects that have completed the process. The HAP program is an income based program, owner occupants only.
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Property Highlights
Comparables
Unit
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Status
Type
Beds
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ft²
Price/ft²
Price/ft²
Asking Price
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Closing Price
Sold On
Sold On
HOA + Taxes
About Northeast Houston
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Listed by: Thuan Nguyen, B & W Realty Group LLC
Last Updated: 6 months ago
Data Source: HAR , MLS# 6260955
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Last Updated: 6 months ago
Data Source: HAR , MLS# 6260955
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