917 Simpson Street
About This Property
This beautiful home in Schulenburg, Texas sits on a .34 +/- acre, corner lot shaded by large, mature trees. Conveniently located halfway between Houston, San Antonio, & Victoria, this spacious 2792 sq. ft. (per Fayette CAD) 4 bedroom, 3 bath home has a lot of potential. The u-shaped kitchen has abundant counter space, updated appliances, ample cabinetry, and a built-in desk area, The expansive living area connects with the dining room as well as the kitchen. The large living room has a wood-burning fireplace and a built-in bar area. Never question where to store things as this home comes with ample storage space throughout. Enjoy the quiet under the shaded, covered side patio. Use the 2-car garage for cars, tools, and all toys as well.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 28, 2023 | Sold | ||
| Sold | |||
| Aug 12, 2022 | Listed by Bubela & Associates, Inc | $255,000 | |
| Listed by Bubela & Associates, Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017