University Park Single Family Sells For $22.5M At 6601 Hunters Glen Road With Alex Perry & Stephen Collins
SOLD
$22,500,000
Texas
See Similar DealsSingle Family Residence12,957 SF
Sold 01/18/2021
SOLD
University Park Single Family Sells For $22.5M At 6601 Hunters Glen Road With Alex Perry & Stephen Collins
6601 Hunters Glen Road, University Park, TX, USA
See Similar DealsSingle Family Residence12,957 SF
Sold 01/18/2021
Summary
TEXAS
Asset Type:Single Family Residence
Price Per Square Foot:$1,736
Total Square Footage:12,957 SF
Transaction Type:Sale
The property involved in this transaction is a single-family home located at 6601 Hunters Glen Road in University Park. The sale took place on January 18, 2021, with a sale price of $22,500,000. The property spans 12,957 square feet, resulting in a price per square foot of $1,737.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $22,500,000
- Square Footage: 12,957
- Price per Square Foot: $1,737
- Address: 6601 Hunters Glen Road
- Market: University Park
Alex Perry from Allie Beth Allman & Associates represented the seller in this transaction, while Stephen Collins from Dave Perry Miller Real Estate represented the buyer.
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,200,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$79,937.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$106,661.48
Annual Debt Service$1,279,937.75
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