$275,000 Last Listed Price
●
House -
Off Market
8307 Parasol Lane
Houston, TX 77064
3 Beds
2 Baths,
1
Half Bath
1,878 Ft²
$1,784
Est. Monthly
$29
HOA / Fees
6.07%
Cap Rate
About This Property
Nestled on an oversized cul-de-sac lot, this impeccably maintained
3 bed, 2.5 bath residence showcases true pride of ownership. Upon
entry, you're welcomed by a formal living room featuring a built-in
bar-an ideal space for entertaining guests. The kitchen has been
thoughtfully remodeled with newer cabinetry, countertops, a
farmhouse sink, and a walk-in pantry. Some exterior upgrades
include siding, windows, and a roof. Upstairs, you'll find all 3
generously sized bedrooms. The garage has been converted into a
versatile open room with sheetrock and a wall unit A/C. It can also
be easily converted back into a garage if desired. Step into your
backyard retreat, complete with a covered patio and double-wide
gate access to a concrete slab-ideal for parking a trailer or an
ATV. Two exterior sheds offer even more storage space. Conveniently
located near Hwy 290, Beltway 8, and Hwy 249, this beautifully
updated home is one you don't want to miss!
Unit Size
1,878 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$146
Property Type
House
Property Taxes
$404
HOA Dues
$29
Year Built
1980
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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 #51165375)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 27, 2025 | Sold | ||
| Sold | |||
| Jul 14, 2025 | In contract | - | |
| In contract | |||
| Jun 16, 2025 | Price Decreased |
$275,000
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Jun 9, 2025 | Listed by Compass RE Texas, LLC - The Heights | $280,000 | |
| Listed by Compass RE Texas, LLC - The Heights | |||
| Apr 10, 2025 | Listed | $280,000 | |
| Listed | |||
| | |||
|
Nestled on an oversized cul-de-sac lot, this impeccably maintained 3 bed, 2.5 bath residence showcases true pride of ownership. Upon entry, you're welcomed by a formal living room featuring a built-in bar—an ideal space for entertaining guests. The kitchen has been thoughtfully remodeled with newer cabinetry, countertops, a farmhouse sink, and a walk-in pantry. Some exterior upgrades include siding, windows, and a roof. Upstairs, you'll find all 3 generously sized bedrooms. The garage has been converted into a versatile open room with sheetrock and a wall unit A/C. It can also be easily converted back into a garage if desired. Step into your backyard retreat, complete with a covered patio and double-wide gate access to a concrete slab—ideal for parking a trailer or an ATV. Two exterior sheds offer even more storage space. Conveniently located near Hwy 290, Beltway 8, and Hwy 249, this beautifully updated home is one you don’t want to miss!
| |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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ft²
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Sold On
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HOA + Taxes
About Westbank
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Listed by: Laura Miranda, Compass RE Texas, LLC - The Heights
Last Updated: 5 months ago
Data Source: HAR , MLS# 51165375
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Last Updated: 5 months ago
Data Source: HAR , MLS# 51165375
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