Updated Dec 19, 2023
Martha Turner Sotheby’s Sold Single Family Home In Houston For $2.5M
4033 Ella Lee Ln, Houston, TX 77027, USA
$2,475,000
$431/SF
Building Size
5,735 SF
Asset Type
Single Family Residence
Closing
Jul 14, 2020
About this deal
AI
A single-family property located at 4033 Ella Lee Lane in Houston was recently sold for $2,475,000. With a spacious living area of 5,735 square feet, the property offers ample space for its new owners. This transaction was facilitated by Suzann Richardson from Martha Turner Sotheby’s, who represented the buyer and seller in this deal.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $2,475,000
- Square Footage: 5,735
- Price per Square Foot: $432
- Address: 4033 Ella Lee Lane, Houston
- Market: Houston
Additionally, it is worth noting that Suzann Richardson, the broker from Martha Turner Sotheby’s, played a crucial role in facilitating this transaction. Her expertise and professionalism have contributed to the successful completion of this deal.
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
6.41%
Cash-on-Cash
-1.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93