$620,000 Last Listed Price
●
House -
Off Market
9501 W Pedernales River Drive
Cypress, TX 77433
4 Beds
4 Baths
4,101 Ft²
$716,575
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model
About This Property
This open concept, corner lot home, sits just across the street
from the lake. Downstairs are four bedrooms (possibly 5) and three
full baths, a study, formal dining room and a second game room
situated between the secondary bedrooms, currently used for at-home
schooling. The primary bedroom has a lovely sitting area & large
walk-in closet. Upstairs is a full bath, a game room (possible 6th
bedroom) & a TV room. Outside is a generously sized covered patio
w/ outdoor kitchen & fireplace. The laundry list of recent
improvements includes but is not limited to new HVAC units, new
appliances, new water heater, remodeled bathrooms & kitchen, new
flooring throughout, new LED light fixtures, fresh paint, an
additional upstairs full bathroom, new fencing, new ceiling fans,
epoxied garage floor & a new garage door. Lowest tax rate in Towne
Lake! Enjoy life in this amenity-rich community w/ shopping &
dining. Students attend highly acclaimed Cy-Fair ISD schools.
Unit Size
4,101 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$151
Property Type
House
Property Taxes
$999
HOA Dues
$140
Year Built
2009
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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: 11 months ago (HAR #18627782)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 21, 2021 | Sold | ||
| Sold | |||
| May 12, 2021 | Listed by RE/MAX Preferred Homes | $620,000 | |
| Listed by RE/MAX Preferred Homes | |||
| | |||
|
This open concept, corner lot home, sits just across the street from the lake. Downstairs are four bedrooms (possibly 5) and three full baths, a study, formal dining room and a second game room situated between the secondary bedrooms, currently used for at-home schooling. The primary bedroom has a lovely sitting area & large walk-in closet. Upstairs is a full bath, a game room (possible 6th bedroom) & a TV room. Outside is a generously sized covered patio w/ outdoor kitchen & fireplace. The laundry list of recent improvements includes but is not limited to new HVAC units, new appliances, new water heater, remodeled bathrooms & kitchen, new flooring throughout, new LED light fixtures, fresh paint, an additional upstairs full bathroom, new fencing, new ceiling fans, epoxied garage floor & a new garage door. Lowest tax rate in Towne Lake! Enjoy life in this amenity-rich community w/ shopping & dining. Students attend highly acclaimed Cy-Fair ISD schools.
| |||
| Aug 10, 2020 | Sold | ||
| Sold | |||
| May 14, 2020 | Listed by Redfin Corporation | $399,999 | |
| Listed by Redfin Corporation | |||
| | |||
|
***See 3D Property Tour*** All four bedrooms are down in this perfectly functional David Weekley 1.5 story home located on a corner lot directly across the street from the community lake. You cannot be this close to the water at this price in Towne Lake. Inside you will find everything downstairs with the exception of a HUGE game or media room and storage closet, including a study, formal dining room and a second game room area situated between the secondary bedrooms. At the back of the house you will find a covered outdoor living area with slate flooring, a stone fireplace and matching stone outdoor kitchen with granite countertop. There are three spaces in the garage but only two of them have a garage door. The third space can easily be used for motorcycle, golf cart or kids toy storage. Make sure to visit the Towne Lake welcome center to learn about the amazing community amenities. Students attend highly rated Cy-Fair schools.
| |||
| Jan 18, 2019 | Sold | ||
| Sold | |||
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Property Highlights
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Harris
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Listed by: Lynne Sheldon, RE/MAX Universal
Last Updated: 11 months ago
Data Source: HAR , MLS# 18627782
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Last Updated: 11 months ago
Data Source: HAR , MLS# 18627782
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