$285,000 Last Listed Price
●
House -
Off Market
8928 Carousel Lane
Houston, TX 77080
3 Beds
2 Baths
1,128 Ft²
$287,219
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
Great property for investors or first-time buyers with the
possibility for improvements or future construction with plenty of
space in the Spring Branch area! Located in a corner lot of great
dimensions of about 96 FT wide by 186 FT depth for a total of
18,700 SF right at the end of the street, surrounded by recently
built properties of great value. This house is also easy to occupy
or rent as you get ready to build your dream house or project. Come
see it, great opportunity. The existing house is in good shape.
3B/2B. The roof was replaced in 2019. The property is not in a
flood zone and has never flooded.
Unit Size
1,128 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$253
Property Type
House
Property Taxes
$573
HOA Dues
$2
Year Built
1977
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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 #76182213)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 22, 2024 | Sold | ||
| Sold | |||
| Jul 31, 2023 | Listed by The Reyna Group | $925,000 | |
| Listed by The Reyna Group | |||
| | |||
|
Welcome to 8928 Carousel Ln in Spring Branch Estates! This stunning home by Quintessa Homes sits on a large 9,350 sq ft Lot & boasts a RARE 4-Car Garage, 4 beds, 4.5 baths w/ Game Room & Media Room. With a convenient 1st-floor study and a guest suite, it offers both functionality and comfort. The heart of this home is the elegant chef's kitchen, featuring stainless steel appliances, Kent-Moore cabinetry, and a large quartz island. It flows seamlessly into the open-concept living area, adorned with a stunning fireplace. Primary Suite offers wood floors, large windows, separate vanities, Soaking Tub & separate walk-in shower. Game Room & Media room located on the 2nd floor for separate entertainment spaces. Back yard is spacious & offers a covered patio. Schedule your Showing Today!
| |||
| May 10, 2022 | Sold | ||
| Sold | |||
| Apr 1, 2022 | Listed by Premier, Realtors | $285,000 | |
| Listed by Premier, Realtors | |||
| | |||
|
Great property for investors or first-time buyers with the possibility for improvements or future construction with plenty of space in the Spring Branch area! Located in a corner lot of great dimensions of about 96 FT wide by 186 FT depth for a total of 18,700 SF right at the end of the street, surrounded by recently built properties of great value. This house is also easy to occupy or rent as you get ready to build your dream house or project. Come see it, great opportunity. The existing house is in good shape. 3B/2B. The roof was replaced in 2019. The property is not in a flood zone and has never flooded.
| |||
Property Highlights
Garage
Building Info
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: Edgar Mora, Premier, Realtors
Last Updated: 4 months ago
Data Source: HAR , MLS# 76182213
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Last Updated: 4 months ago
Data Source: HAR , MLS# 76182213
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