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3950 Inverness Drive, Houst...

Updated Dec 21, 2023

Laura Sweeney & Walter Bering Close Sale Of 9,640 SF Single-Family Home In Houston
SOLDSingle Family Residence

Laura Sweeney & Walter Bering Close Sale Of 9,640 SF Single-Family Home In Houston

3950 Inverness Drive, Houston, TX 77019

Building Size

9,640 SF

Asset Type

Single Family Residence

Closing

Oct 14, 2020

About this deal

AI

A single-family property located at 3950 Inverness Drive in Houston has been sold in a recent transaction. The property spans 9,640 square feet, offering ample space for the new owner's needs.

Summary of transaction details:

  • Property Type: Single-Family
  • Sale Date: 10/15/2020
  • Address: 3950 Inverness Drive
  • Market: Houston
  • Square Footage: 9,640

The seller's representative in this deal was Laura Sweeney from Compass RE Texas, LLC. On the other side, the buyer was represented by Walter Bering from Martha Turner Sotheby's. These individuals played crucial roles in facilitating the successful transaction.

Players

Laura Sweeney

Compass

Broker

4 deals

Broker

Houston Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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