Houston Deal of The Day
December 2, 2020
10001 Westpark Drive Houston Texas 77042
MLS No: 25530996
Hello Houston! Welcome back to Real Estate IQ’s Deal of the Day! Our subject property for today is at 10001 Westpark Drive, Houston, Texas 77042. It has a list price of $59,900 along with a list price per square foot of $60.57, with an estimated price of $92,112 and an estimated price per square foot of $93.14.
It is a single-storey condo, with two beds, two baths, and a fireplace. It was built in 1983 with the square footage of 989. The MLS number of this property is 25530996.
For the investment summary, if you’re going to offer $59,900 to this property, you’ll get an IQ discount of $38,049, which is equivalent to 38.85%. If you’re looking to buy and hold this property, the monthly lease is $1,095, which is equivalent to a rental index of 1.83.
As for the comparables, there are 3 active comps for this property and all of them are located at 10047 Westpark Drive, 0.07 miles away from the subject property. The first one has a price per square foot of $105.66, and was sold 32 days ago. Next one has a price per square foot of $97.95, and was sold 28 days ago. The last one has a price per square foot of $93.50, and was sold 26 days ago.
That’s all for Real Estate IQ’s Deal of the Day. Thank you for tuning in and happy deal hunting!
Feel free to check our investment tools here at Real Estate IQ and start winning more deals!