25
Map
$1,350,000 Last Listed Price
●
House -
Off Market
8413 Merlin Drive
Houston, TX 77055
4 Beds
3 Baths
2,625 Ft²
$8,247
Est. Monthly
1.67%
Cap Rate
About This Property
Nestled in the highly desirable Spring Valley neighborhood, this
stunning 4-bedroom, 3-bathroom home seamlessly blends modern
elegance with ultimate comfort. Featuring high-end finishes
throughout, every detail has been thoughtfully designed to impress.
The spacious layout provides plenty of room for living,
entertaining, and relaxation. A chef-style kitchen, complete with
high-end appliances, ample cabinetry, and a functional layout.
Spacious primary suite with large spa-like bathroom and two
generously sized closets. Step outside into a private backyard
oasis, complete with a pool and spa, a covered patio with a fully
equipped outdoor kitchen, and a lush turf grass area. A full-home
generator ensures you'll never be without power, providing peace of
mind and year-round convenience. This home creates perfect setting
for every occasion. Don't miss your opportunity to own this
exceptional property in one of Spring Valley's most sought-after
locations!
Unit Size
2,625 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$514
Property Type
House
Property Taxes
$1,618
HOA Dues
-
Year Built
1953
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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 #10534313)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 23, 2025 | Sold | ||
| Sold | |||
| Mar 25, 2025 | In contract | - | |
| In contract | |||
| Mar 19, 2025 | No longer available | - | |
| No longer available | |||
| Mar 18, 2025 | Listed by Del Monte Realty | $1,350,000 | |
| Listed by Del Monte Realty | |||
| Jan 7, 2025 | Listed by Del Monte Realty | $1,299,000 | |
| Listed by Del Monte Realty | |||
| | |||
|
Nestled in the highly desirable Spring Valley neighborhood, this stunning 4-bedroom, 3-bathroom home seamlessly blends modern elegance with ultimate comfort. Featuring high-end finishes throughout, every detail has been thoughtfully designed to impress. The spacious layout provides plenty of room for living, entertaining, and relaxation. A chef-style kitchen, complete with high-end appliances, ample cabinetry, and a functional layout. Spacious primary suite with large spa-like bathroom and two generously sized closets. Step outside into a private backyard oasis, complete with a pool and spa, a covered patio with a fully equipped outdoor kitchen, and a lush turf grass area. A full-home generator ensures you'll never be without power, providing peace of mind and year-round convenience. This home creates perfect setting for every occasion. Don’t miss your opportunity to own this exceptional property in one of Spring Valley's most sought-after locations!
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Northwest Houston
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Listed by: Kellye Casey, Del Monte Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 10534313
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Last Updated: 5 months ago
Data Source: HAR , MLS# 10534313
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