$729,000 Last Listed Price
●
House -
Off Market
8971 Briar Forest Drive
Houston, TX 77024
3 Beds
4 Baths
3,887 Ft²
$852,962
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model
About This Property
Elegant Traditional in this coveted Lock and Leave community
situated in the Energy Corridor and in the heart of the Memorial
woods.Enjoy the security of a 24 hour manned gate, area pool,and
dog park. Tucked away, such that the entry is private, as is the
fenced patio affording an outdoor serene spot to unwind.The house
has beautiful updates throughout.There are two large master
bedrooms, both have spacious baths and great closets.One is
currently being used as craft room.Enjoy first floor living with
spacious formals plus an open wet service bar/counter top perfect
for entertaining a small group or large crowd, all with green views
from tall windows. Handsome Study with wall of built-ins. Kitchen
has plenty of storage, custom cabinetry and versatile work areas
for the seasoned chef! All bedrooms are upstairs and oversized,
boasting huge closets and adjoining baths.Balcony off an upstairs
room invite you to enjoy the treed lot and greenbelt. Bonus: PEX
water lines, Sauna, Elevator!
Unit Size
3,887 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$188
Property Type
House
Property Taxes
$1,397
HOA Dues
$475
Year Built
1980
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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 #39268242)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 3, 2021 | Sold | ||
| Sold | |||
| Aug 5, 2020 | Listed by Martha Turner Sotheby's | $729,000 | |
| Listed by Martha Turner Sotheby's | |||
| | |||
|
Elegant Traditional in this coveted Lock and Leave community situated in the Energy Corridor and in the heart of the Memorial woods.Enjoy the security of a 24 hour manned gate, area pool,and dog park. Tucked away, such that the entry is private, as is the fenced patio affording an outdoor serene spot to unwind.The house has beautiful updates throughout.There are two large master bedrooms, both have spacious baths and great closets.One is currently being used as craft room.Enjoy first floor living with spacious formals plus an open wet service bar/counter top perfect for entertaining a small group or large crowd, all with green views from tall windows. Handsome Study with wall of built-ins. Kitchen has plenty of storage, custom cabinetry and versatile work areas for the seasoned chef! All bedrooms are upstairs and oversized, boasting huge closets and adjoining baths.Balcony off an upstairs room invite you to enjoy the treed lot and greenbelt. Bonus: PEX water lines, Sauna, Elevator!
| |||
Property Highlights
Elevator
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
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: Joann Lammons, Martha Turner Sotheby's
Last Updated: 5 months ago
Data Source: HAR , MLS# 39268242
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Last Updated: 5 months ago
Data Source: HAR , MLS# 39268242
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