Located on a tree-lined street in Fall Creek, this stately
red-brick home offers 4 bedrooms, 3.5 baths, a formal dining room,
private study with French doors, game room and a spacious
open-concept family room. The beautifully landscaped backyard
offers no rear neighbors, a brick fence and an extended covered
patio with flagstone-perfect for relaxing or entertaining. The
kitchen features granite counters, abundant cabinets and workspace,
double ovens and an updated backsplash. The family room boasts
soaring ceilings, built-ins and abundant natural light. Additional
features include neutral paint, shutters, art niches, built-out
attic storage and a 3-car garage with built-in cabinets and epoxy
flooring. Roof (2021), Water heaters (2020). Zoned to highly rated
Fall Creek Elementary and conveniently located within walking
distance to the community pool, fitness facility, tennis and
pickleball courts and park. A wonderful combination of space,
privacy and an exceptional Fall Creek location!
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.
Dramatic 2-story entry with elegant archways and lighted art niches set the stage for this beautiful two-story, 4 bedroom, 3.5 bath home in the master planned golf course community of Fall Creek. Open layout with 2 story family room opens up to the updated kitchen with granite counters, island, double ovens and walk-in pantry. King-sized first floor primary bedroom. No Carpet. Plantation shutters. Home office with built-in cabinets & desk. Upstairs:game room, 3 bedrooms, Jack n Jill bathroom. Enjoy the outdoors under the covered patio overlooking the large and private backyard with NO back neighbors. 3-car garage with epoxy-coated floors for easy clean-up. Extensive storage with walk-in closets and huge walk-in attic storage-ideal for seasonal decorations. Fall Creek has miles of walking trails, parks and pools. Zoned to sought after Fall Creek Elementary. Close to shopping and dining with a short drive to IAH airport and quick commute to downtown Houston. Roof-2021 Water Heaters-2020
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Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Tandem, Garage Door Opener, Driveway, Double-Wide Driveway
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