Real Estate Deal of the Day Houston – December 2, 2020

Deal of the Day

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!

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