$974,900 Last Listed Price
●
Land -
Off Market
8702 Burkhart Road
Houston, TX 77055
Studio
0 Bath
$7,088
Est. Monthly
About This Property
?? Dreaming of your custom home in Spring Valley Village? Look no
further! This spacious lot is your canvas to create the home of
your dreams. Nestled in the charming community of Spring Valley,
this prime location offers the perfect blend of tranquility and
convenience. Build the life you've always imagined in this
sought-after neighborhood. Your custom home awaits! ???
#SpringValleyVillage #CustomHome #DreamHomeLot
Unit Size
-
Days on Market
-
Land Size
0.25 acres
Price per sqft
-
Property Type
Land
Property Taxes
$2,301
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 #4218779)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 16, 2024 | Sold | ||
| Sold | |||
| Apr 6, 2024 | In contract | - | |
| In contract | |||
| Mar 29, 2024 | Listed by Keller Williams Realty Metropolitan | $974,900 | |
| Listed by Keller Williams Realty Metropolitan | |||
| | |||
|
?? Dreaming of your custom home in Spring Valley Village? Look no further! This spacious lot is your canvas to create the home of your dreams. Nestled in the charming community of Spring Valley, this prime location offers the perfect blend of tranquility and convenience. Build the life you've always imagined in this sought-after neighborhood. Your custom home awaits! ??? #SpringValleyVillage #CustomHome #DreamHomeLot
| |||
| Apr 20, 2023 | Sold | ||
| Sold | |||
| Oct 1, 2022 | Listed by BHGRE Gary Greene | $1,599,000 | |
| Listed by BHGRE Gary Greene | |||
| | |||
|
Rare opportunity to build your custom home on this 28,421 sq ft lot (per HCAD) in highly sought after Spring Valley Village!! Approx. 180' of frontage on Burkhart Rd. Plenty of space for your custom home design, outdoor living/kitchen, pool, sports court, and more. Great central location with no through traffic to Bingle Rd. Easy access to Memorial City, Galleria, Heights, Downtown, Energy Corridor, & City Centre shopping/dining. Mid century 4-3-2 is approx 2,600 sq ft (per HCAD) and will be conveyed AS-IS in current condition. Pool also located on the property. Zoned to acclaimed Spring Branch ISD schools including Valley Oaks Elementary, Spring Branch Middle School, & Memorial High School. Out of flood zone per current FEMA map. Make sure to view the HD video tour that shows aerial views of the property and all it's possibilities.
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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: Brad Hermes, Keller Williams Realty Metropolitan
Last Updated: 5 months ago
Data Source: HAR , MLS# 4218779
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Last Updated: 5 months ago
Data Source: HAR , MLS# 4218779
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