$399,900 Last Listed Price
●
House -
Off Market
9918 Pine Lake Drive
Houston, TX 77055
3 Beds
2 Baths
1,821 Ft²
$2,593
Est. Monthly
About This Property
Location, Location, Location! This spacious 3bed/2bath single
story ranch style home sits on a large lot in desirable Spring
Branch Woods. The possibilities are endless for either a
modern renovation utilizing the most recent trends, to building the
dream home you've always desired. If going the former route,
the large 3 bedroom, 2 bathroom home has a charming circle drive
and contains a spacious living, dining and den with fireplace.
No carpet in the home and the bones are great for making
renovations possible. The converted detached garage holds the
laundry room and a bonus room that is the ideal spot for
hobbies/crafts or a fabulous workout room.
If going the latter route, the large lot has mature trees, with a beautiful oak variety that would make a captivating focal point for any backyard. Costco, HEB and Memorial City mall are conveniently just blocks away and the close proximity to Katy Freeway makes it an ideal starting point for any commute. Spring Branch ISD!
If going the latter route, the large lot has mature trees, with a beautiful oak variety that would make a captivating focal point for any backyard. Costco, HEB and Memorial City mall are conveniently just blocks away and the close proximity to Katy Freeway makes it an ideal starting point for any commute. Spring Branch ISD!
Unit Size
1,821 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$220
Property Type
House
Property Taxes
$629
HOA Dues
-
Year Built
1960
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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 #50491018)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 27, 2024 | Sold | ||
| Sold | |||
| Apr 24, 2024 | In contract | - | |
| In contract | |||
| Apr 7, 2024 | Listed | $399,900 | |
| Listed | |||
| | |||
|
Location, Location, Location! This spacious 3bed/2bath single story ranch style home sits on a large lot in desirable Spring Branch Woods. The possibilities are endless for either a modern renovation utilizing the most recent trends, to building the dream home you’ve always desired. If going the former route, the large 3 bedroom, 2 bathroom home has a charming circle drive and contains a spacious living, dining and den with fireplace. No carpet in the home and the bones are great for making renovations possible. The converted detached garage holds the laundry room and a bonus room that is the ideal spot for hobbies/crafts or a fabulous workout room.
If going the latter route, the large lot has mature trees, with a beautiful oak variety that would make a captivating focal point for any backyard. Costco, HEB and Memorial City mall are conveniently just blocks away and the close proximity to Katy Freeway makes it an ideal starting point for any commute. Spring Branch ISD!
| |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Northwest Houston
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Listed by: Courtney Katz, Avenue C Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 50491018
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Last Updated: 4 months ago
Data Source: HAR , MLS# 50491018
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