$1,975,000 Last Listed Price
●
House -
Off Market
8831 Cardwell Drive
Houston, TX 77055
6 Beds
6 Baths,
1
Half Bath
4,507 Ft²
$1,975,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model
About This Property
This thoughtfully designed home was built by Erin Stetzer and
completed in 2011. In 2016, an addition of three bedrooms and two
bathrooms were added, with Brickmoon Designs for the architectural
concept. Located in the village of Spring Valley, this beautiful
custom built home is full of unique finishes that set it apart.
Pella windows (installed in 2021) grace the main living area and
allow spectacular views of the backyard, along with allowing
natural light. Vaulted ceilings, ceilings with wood beams, brick
accent walls and hardwood flooring throughout the home create a
welcoming environment. Outdoors is an extension to the indoor
living and is complete with an outdoor kitchen, fireplace, pool/hot
tub and full outdoor bathroom w/shower. With more than ample space
to watch television and dine outside, this home is perfect for
entertaining, or just relaxing. Zoned to Valley Oaks, Spring Branch
Middle and Memorial High School. Shown by appointment only.
Unit Size
4,507 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$438
Property Type
House
Property Taxes
$2,948
HOA Dues
-
Year Built
2011
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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 #71565600)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 3, 2023 | Sold | ||
| Sold | |||
| Sep 11, 2023 | Listed by Compass RE Texas, LLC | $1,975,000 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
|
This thoughtfully designed home was built by Erin Stetzer and completed in 2011. In 2016, an addition of three bedrooms and two bathrooms were added, with Brickmoon Designs for the architectural concept. Located in the village of Spring Valley, this beautiful custom built home is full of unique finishes that set it apart. Pella windows (installed in 2021) grace the main living area and allow spectacular views of the backyard, along with allowing natural light. Vaulted ceilings, ceilings with wood beams, brick accent walls and hardwood flooring throughout the home create a welcoming environment. Outdoors is an extension to the indoor living and is complete with an outdoor kitchen, fireplace, pool/hot tub and full outdoor bathroom w/shower. With more than ample space to watch television and dine outside, this home is perfect for entertaining, or just relaxing. Zoned to Valley Oaks, Spring Branch Middle and Memorial High School. Shown by appointment only.
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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Baths
ft²
Price/ft²
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HOA + Taxes
About Northwest Houston
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Listed by: Heidi Wehring, Compass RE Texas, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 71565600
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Last Updated: 5 months ago
Data Source: HAR , MLS# 71565600
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