Million-Dollar Teardown: Under Market on Underwood?

2335 Underwood St., Braeswood, Houston

This house in Braeswood looks like a million bucks! And it sold back in August for just over that — $1.1 million — after lingering on the market for just over half a year with an asking price $400K higher.

And it’s featured in today’s Daily Demolition Report!

Below the fold, photos of demolition-ready interiors, plus some quick math.

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2335 Underwood St., Braeswood, Houston

Dining Room, 2335 Underwood St., Braeswood, Houston

Interior of 2335 Underwood St., Braeswood, Houston

Back Yard of 2335 Underwood St., Braeswood, Houston

Looks nice, huh? But let’s do the math:

25,522-square-foot lot divided by $1.1 million = $43.10 per square foot + big yellow machines ready to do some business.