$1,699,000 Last Listed Price
●
House -
Off Market
9230 Elizabeth Road
Houston, TX 77055
5 Beds
5 Baths,
1
Half Bath
5,087 Ft²
$1,692,680
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
Fantastic opportunity in Spring Branch, adjacent to Spring Valley.
This well-built home, with five bedrooms, is nestled on a large lot
(36,800sqft+/-) and provides easy access to I-10 and is currently
zoned to Memorial High School. Twenty-foot ceilings greet you in
the entrance and adjoining living room as you look out through
large windows to a sea of grass that is the backyard. The spacious
kitchen opens to an intimate family room and breakfast nook with a
5th bedroom, or guest suite located just off the space. This
property boasts two primary suites, one up and one down. The
downstairs primary has great views of the backyard and a fireplace
for when its better inside. Three bedrooms, a game room and media
room are up with a balcony view of the living room below. . In
addition to COH water, the property has its own well for
irrigation. Room sizes should be verified by the buyer.
Unit Size
5,087 Ft²
Days on Market
-
Land Size
0.85 acres
Price per sqft
$334
Property Type
House
Property Taxes
$2,901
HOA Dues
-
Year Built
2004
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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 #88553074)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 18, 2023 | Sold | ||
| Sold | |||
| Jul 8, 2023 | Listed by Green Seed Realty | $1,699,000 | |
| Listed by Green Seed Realty | |||
| Jun 23, 2019 | No longer available | - | |
| No longer available | |||
| May 27, 2019 | Price Decreased |
$1,698,000
↓ $57K
(3.3%) | |
| Price Decreased | |||
| May 3, 2019 | Listed by Keller Williams - Houston Memorial | $1,755,000 | |
| Listed by Keller Williams - Houston Memorial | |||
| | |||
|
In the shadow of Memorial City - This multi generational home sits on a large, lush 0.84 acre lot. Custom built by Landin Design Development, this home preserves the area's heritage utilizing the Texas flagstone from the original structure and incorporates a 300 foot deep well to maintain the grounds. Sitting in the Renaissance area of Spring Branch and zond to SBISD schools of Valley Oaks Elementary, Spring Branch Middle and Memorial High Schools, Enjoy this quiet enclave in Campbell place. Home is graced with two master suites, one on the first level and one on the second. Also three living areas, Formal dining, study, media room, large open kitchen with granite counters and stainless appliances and adjacent bedroom with full bath. Walk-In closets for all bedrooms and lots of storage space. Great access To Downtown, Memorial City, Energy Corridor, Galleria, even Katy Due to proximity to I-10 : Yet surprisingly private. CLICK VIDEO LINKS FOR DRONE AND PROPERTY VIDEOS. The manager has listed the unit size as 5087 square feet.
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Property Highlights
Garage
Fireplace
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: Marty Roper, Green Seed Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 88553074
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Last Updated: 5 months ago
Data Source: HAR , MLS# 88553074
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