Harmony 50 Series at Vivace in Houston

Name: Sales in Harmony 50 Series at Vivace started!
Start: 2020-08-10T07:28:27.197822+00:00
End: 2023-12-31T23:59:59+0000
Location: Harmony 50 Series at Vivace

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Project info

Object ID: 8514

Finished at	February 2020
Price, m²	From 1535$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 170.00 m²
Floors	2
Apartments	69
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Pool Kids playground Near school Near kindergarten Near supermarket
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

260,950$

Net profit

9,376$

Payback period

22.2 years

Avg property value increase per year

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About the project

In South Montgomery County at Grand Parkway and Rayford Road in the 77386 zip code of north Houston is the Harmony 50’ Series at Vivace, a 1,000-acre new home community in Spring, TX that connects its residents with natural amenities, parks, playgrounds, and more. Vivace at Harmony sits at the outer border of the community and runs along a greenbelt with mature trees and a gentle stream, making this a peaceful setting within this magnificent master planned new home community. Just outside Harmony are many convenient amenities: retail shops, restaurants, medical centers, and more. Shea Homes is the exclusive builder in the Vivace at Harmony neighborhood in Spring, TX within the 77386 zip code, offering one- and two-story open-concept new homes that range from 1,800 to 2,979 square feet. Set on 50-foot lots, all the homes for sale feature striking architectural features, thoughtful designs, and gorgeous spaces throughout, from the vast, gourmet kitchens to the serene outdoor living areas.

Developer

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