$525,000 Last Listed Price
●
House -
Off Market
902 Wycliffe Drive
Houston, TX 77079
4 Beds
2 Baths
2,247 Ft²
$652,825
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
Wonderful over ¼ acre (per HCAD) corner lot in desirable Memorial
West. The value is in the land, but home could be updated as a
"Live In Now, Build Later" opportunity. Home offers 4 bdrms, 2
baths, formal living, dining & brkft rms, hardwoods under carpet.
Lot is located in a well-established neighborhood w/ gorgeous new
construction all around. Home backs up to a 150' wide grassy
easement - no home behind you. Property and improvements did not
flood from Harvey & not in flood plain per Harris County Flood
Control District map. Excellent location close to Energy
Corridor, City Centre, Town & Country Village, West Side Medical
Center, Edith Moore Nature Sanctuary & Terry Hershey Park Hike &
Bike Trails. Easy access to I-10 & Beltway 8. Zoned to
highly rated SBISD schools (Buyer to verify eligibility). Being
sold as-is -seller will make no repairs. Please set appointment to
view home and/or walk the lot. All information is per seller.
Unit Size
2,247 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$234
Property Type
House
Property Taxes
$1,066
HOA Dues
$38
Year Built
1959
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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 #58570858)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2021 | Sold | ||
| Sold | |||
| Sep 23, 2021 | Listed by REALM Real Estate Professional | $774,999 | |
| Listed by REALM Real Estate Professional | |||
| | |||
|
Wonderful 1/2 acre corner lot home in Memorial West! Recently updated with open floor plan and plenty of natural light. Large kitchen featuring a waterfall island, quartz countertops, custom cabinets, and farmhouse sink. Living room opens to a newly added covered patio that is perfect for outdoor entertaining! Primary bedroom has his/her closets, frameless glass shower, double sinks and quartz countertops. Additional updates include: crown molding, new double paned windows, hardwood floors, new appliances & recessed lighting. New 30yr composite roof, new HVAC, updated electrical, new plumbing (above ground and under ground) and landscaping. Did not flood during Harvey per seller. Conveniently located near Town & Country Village, Terry Hershey Park and highly rated SBISD schools.
| |||
| Mar 29, 2021 | Sold | ||
| Sold | |||
| Feb 3, 2021 | Listed by Greenwood King Properties | $525,000 | |
| Listed by Greenwood King Properties | |||
| | |||
|
Wonderful over ¼ acre (per HCAD) corner lot in desirable Memorial West. The value is in the land, but home could be updated as a "Live In Now, Build Later" opportunity. Home offers 4 bdrms, 2 baths, formal living, dining & brkft rms, hardwoods under carpet. Lot is located in a well-established neighborhood w/ gorgeous new construction all around. Home backs up to a 150’ wide grassy easement - no home behind you. Property and improvements did not flood from Harvey & not in flood plain per Harris County Flood Control District map. Excellent location close to Energy Corridor, City Centre, Town & Country Village, West Side Medical Center, Edith Moore Nature Sanctuary & Terry Hershey Park Hike & Bike Trails. Easy access to I-10 & Beltway 8. Zoned to highly rated SBISD schools (Buyer to verify eligibility). Being sold as-is -seller will make no repairs. Please set appointment to view home and/or walk the lot. All information is per seller.
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Victoria Staff, Greenwood King Properties
Last Updated: 4 months ago
Data Source: HAR , MLS# 58570858
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Last Updated: 4 months ago
Data Source: HAR , MLS# 58570858
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