$4,100,000 Last Listed Price
●
House -
Off Market
8854 Stable Lane
Houston, TX 77024
5 Beds
6 Baths,
3
Half Baths
9,834 Ft²
$4,516,994
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model
About This Property
Stunning Mediterranean estate built by O'Connor-Gill Builders on a
half-acre lot in the gated/guarded Stablewood Association. Premier
location on a ravine with pristinely landscaped front yard with
elegant fountain & backyard with spacious wrap around covered/open
patio areas, pool/hot tub/water features, and children's turf
covered playground. Lush green spaces bordered by canopied trees.
Magnificent entertaining areas with great flow through the
living/dining/bar/wine grotto/kitchen/family areas, all overlooking
the expansive backyard through butted glass windows. First floor
gracious Primary Suite with grand bath/dual closets and adjacent
Study. 4 Guest Bedrooms en suite on 2nd floor with Theatre Room,
wet bar and spacious Game Room/Flex Room. Incredible millwork, one
of a kind antique cabinetry, limestone flooring, handsome
decorative tile accents, plentiful storage, generator,
air-conditioned 3-car garage with storage room.
Unit Size
9,834 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$417
Property Type
House
Property Taxes
-
HOA Dues
$958
Year Built
2004
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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: 6 months ago (HAR #34468666)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 1, 2021 | Sold | ||
| Sold | |||
| Oct 13, 2021 | Listed by Martha Turner Sotheby's | $4,100,000 | |
| Listed by Martha Turner Sotheby's | |||
| | |||
|
Stunning Mediterranean estate built by O'Connor-Gill Builders on a half-acre lot in the gated/guarded Stablewood Association. Premier location on a ravine with pristinely landscaped front yard with elegant fountain & backyard with spacious wrap around covered/open patio areas, pool/hot tub/water features, and children's turf covered playground. Lush green spaces bordered by canopied trees. Magnificent entertaining areas with great flow through the living/dining/bar/wine grotto/kitchen/family areas, all overlooking the expansive backyard through butted glass windows. First floor gracious Primary Suite with grand bath/dual closets and adjacent Study. 4 Guest Bedrooms en suite on 2nd floor with Theatre Room, wet bar and spacious Game Room/Flex Room. Incredible millwork, one of a kind antique cabinetry, limestone flooring, handsome decorative tile accents, plentiful storage, generator, air-conditioned 3-car garage with storage room.
| |||
| Aug 17, 2021 | No longer available | - | |
| No longer available | |||
| Jul 3, 2021 | Price Decreased |
$4,499,000
↓ $301K
(6.3%) | |
| Price Decreased | |||
| Jan 13, 2021 | Listed by Keller Williams - Houston Metropolitan | $4,800,000 | |
| Listed by Keller Williams - Houston Metropolitan | |||
| | |||
|
A magnificent show piece that has been brilliantly designed to live well. Perched on more than half an acre, this estate home has one of the most amazing flows and provides almost unlimited flexibility in its living design. The outdoor living space is remarkable, private and serene with each area flowing to the interior. A huge wine room, a catering kitchen/office, a spacious laundry room, a seeming endless amount of storage space for provisions, a private movie theater and full home standby generator will make you feel self sufficient when the need arises.The massive owners suite is amazing with it's attached office with scenic views and a primary bath designed for Royalty. A back yard with incredible landscaping and pool with hot tub. Air conditioned three and 1/2 car garage. Walls of windows bring the outdoors in where your imagination is challenged to make the most of every room. It's in a privately patrolled village of excellence with a heavily manned (24 hour) security entrance. The manager has listed the unit size as 9834 square feet.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Westside
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Listed by: Martha Adger, Martha Turner Sotheby's
Last Updated: 6 months ago
Data Source: HAR , MLS# 34468666
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Last Updated: 6 months ago
Data Source: HAR , MLS# 34468666
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