$545,000 Last Listed Price
●
House -
Off Market
8517 Forum Drive
Houston, TX 77055
1 Bed
1 Bath,
1
Half Bath
1,632 Ft²
$563,482
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
***Location-location-location***This oversized corner lot in a
coveted Spring Branch neighborhood has a charming bungalow to live
in (or rent out) while you plan your dream home.Don't let the size
fool you,it's got great 'flex' rooms.Zoned to Memorial High
School.Close to Energy Corridor,City Centre,Memorial
City,Galleria,downtown, fine dining,exquisite shopping & a gourmet
HEB.So much love has gone into updating this lovely casita and
maintaining it's historical charm.Original hardwoods
throughout.Entertainment is easy with the private courtyard, 8 foot
privacy fence w/custom lighting, covered patio and large 20 x 20
deck.Two amazing 'bonus' rooms provide even more living space than
reflected.Other features include tankless water heater, seamless
gutters, water filtration system and an electric gate.This is
perfect for All You Builders out there!! Million dollar homes being
built all around this gem. You choose what you want to do with this
beauty!
Unit Size
1,632 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$334
Property Type
House
Property Taxes
$958
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: 4 months ago (HAR #91846926)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 8, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2024 | In contract | - | |
| In contract | |||
| Aug 20, 2024 | Listed by Compass RE Texas, LLC - Houston | $1,652,250 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| | |||
|
Stunning new construction home in the community of Spring Branch! This is a 4-bedroom, 3 full-bathroom, & 2 half-bath, plus a game room, study, & formal dining room. Built by Fürsten & Co Building Group, this home showcases superior craftsmanship & design. The heart of the home is the exquisite kitchen, featuring a huge quartz island, luxurious Fisher & Paykel stainless steel appliances—including a 48" gas range w/ 6 burners, a griddle, & double convection ovens, under-cabinet lighting, an abundance of cabinetry, plus a butler’s pantry for added convenience. Tons of natural light, the kitchen overlooks the huge covered patio through double sliding doors, creating a seamless indoor-outdoor living experience. Just off of your 2-car garage you have a functional mudroom w/ storage & a convenient bench, offering practicality without compromising on style. This home is truly designed for modern living! Easy access to major roadways, upscale shopping & dining!
| |||
| Aug 12, 2024 | No longer available | - | |
| No longer available | |||
| Jun 21, 2024 | No longer available | - | |
| No longer available | |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Northwest Houston
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Listed by: Shea Soler, Keller Williams Platinum
Last Updated: 4 months ago
Data Source: HAR , MLS# 91846926
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Last Updated: 4 months ago
Data Source: HAR , MLS# 91846926
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