$375,000 Last Listed Price
●
Land -
Off Market
8522 Ferris Drive
Houston, TX 77096
Studio
0 Bath
$377,907
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model
About This Property
Build your dream home on this beautiful cleared lot. The luxury
home you long for is right here in this established Meyerland
community surrounded by other new construction homes. Zoned to
Lovett Elementary and Bellaire HS and within minutes to fine
dining, shopping and entertainment. Contact agent for custom
builder referrals.
Unit Size
-
Days on Market
-
Land Size
0.21 acres
Price per sqft
-
Property Type
Land
Property Taxes
$558
HOA Dues
$483
Year Built
1955
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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 #52069709)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 15, 2025 | Sold | ||
| Sold | |||
| Jul 3, 2025 | In contract | - | |
| In contract | |||
| Jun 24, 2025 | Listed by Martha Turner Sotheby's International Realty | $1,485,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
   | |||
|
This newly constructed home in the heart of Meyerland offers nearly 5,000 sq ft of refined living space with 4 bedrooms, 5.5 baths, and a versatile floorplan. A dramatic 20-foot entry leads to open-concept living, a chef’s kitchen with premium finishes, and seamless indoor-outdoor flow through oversized sliding doors. The main level includes a primary suite, home office, wine bar, and formal dining, while upstairs features three en-suite bedrooms, a game room, and a media room. Zoned to top-rated schools and nestled on a quiet, tree-lined street, this home is ideal for both entertaining and everyday living.
| |||
| May 1, 2025 | Listed | $1,599,900 | |
| Listed | |||
| | |||
|
Impressive, new construction home offers a fresh perspective on timeless transitional design, combining upscale finishes with smart, functional living. Soaring 20-foot ceilings in the foyer and living room create an immediate wow factor, while the open-concept layout is tailored for effortless entertaining. The chef’s island kitchen showcases sleek Benedettini cabinetry, designer lighting, and top-tier appliances, seamlessly connecting to the living and breakfast areas. Expansive sliding glass doors open to a spacious covered patio and backyard, extending your living space outdoors. The first-floor primary suite is a serene haven with a spa-inspired bath and refined detailing. A formal dining room, stylish wine bar, and private study complete the main level. Upstairs, enjoy three generously sized bedrooms with en-suite baths, plus a versatile game room, media room (possible 5th bedroom), and a full-size laundry room. Freshly staged and full of possibility, this home truly shines.
| |||
| Apr 15, 2025 | Price Decreased |
$1,599,900
↓ $65K
(3.9%) | |
| Price Decreased | |||
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Listed by: Claudia Huato, Nextgen Real Estate Properties
Last Updated: 4 months ago
Data Source: HAR , MLS# 52069709
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Last Updated: 4 months ago
Data Source: HAR , MLS# 52069709
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