$230,000 Last Listed Price
●
House -
Off Market
923 Saddle Rock Drive
Houston, TX 77088
3 Beds
1 Bath,
1
Half Bath
1,390 Ft²
$1,504
Est. Monthly
About This Property
This comfortable home is ideally located near downtown, with easy
access to major freeways and nearby stores. It offers the
convenience of city living without the hassle, as there are no HOA
restrictions. The property boasts a beautiful, large backyard,
perfect for relaxation or entertaining. With its prime location and
ample outdoor space, this home provides both comfort and
convenience. The property has recently had its electrical panel
replaced, and new smoke detectors and additional lighting have been
installed to enhance visibility.
Unit Size
1,390 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$165
Property Type
House
Property Taxes
$374
HOA Dues
-
Year Built
1957
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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 #7218895)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 20, 2024 | Sold | ||
| Sold | |||
| Sep 7, 2024 | In contract | - | |
| In contract | |||
| Aug 9, 2024 | Listed by LPT Realty, LLC | $230,000 | |
| Listed by LPT Realty, LLC | |||
| | |||
|
This comfortable home is ideally located near downtown, with easy access to major freeways and nearby stores. It offers the convenience of city living without the hassle, as there are no HOA restrictions. The property boasts a beautiful, large backyard, perfect for relaxation or entertaining. With its prime location and ample outdoor space, this home provides both comfort and convenience. The property has recently had its electrical panel replaced, and new smoke detectors and additional lighting have been installed to enhance visibility.
| |||
| May 20, 2022 | Sold | ||
| Sold | |||
| May 6, 2022 | Listed by Woodlands Eco Realty | $200,000 | |
| Listed by Woodlands Eco Realty | |||
| | |||
|
This weel loved cute little house is just a short distance away from downtown, Galleria, Entertainment, and all the hip happenings. 3 Bedrooms home on a large lot with mature trees is perfect to listen to the birds in the back yard or throw a party or hang out on your back porch or for Fido to run around. Home will be an ideal home. 3 bedrooms with large windows are versatile and can serve as a nursery, office, playroom, craft room or bedroom. The Large living room has enough space to spread around for everyone. Double doors leading to the back porch from the breakfast area lets you enjoy the outdoors inside. Throw those doors open to listen to the falling rain or keep them close and enjoy your coffee while watching the squirrels and birds outside. Current owners even have a ring camera to watch the birds that visit the backyard. It is like having your own nature channel. Quite neighborhood with easy access to I 45.
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Baths
ft²
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Listed by: Ernestina Argueta, LPT Realty, LLC
Last Updated: 6 months ago
Data Source: HAR , MLS# 7218895
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Last Updated: 6 months ago
Data Source: HAR , MLS# 7218895
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