0 Red Bird
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 1, 2025 | No longer available | - | |
| No longer available | |||
| Jan 17, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Dec 7, 2024 | No longer available | - | |
| No longer available | |||
| Dec 6, 2024 | Listed by Compass RE Texas, LLC - The Woodlands | $999,000 | |
| Listed by Compass RE Texas, LLC - The Woodlands | |||
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RARE OPPORTUNITY TO DEVELOP/BUILD ON UNRESTRICTED ACREAGE in prime location adjacent to The Woodlands, consistently ranked as the #1 Place to Live, on this combined 23-acre tract consisting of 3 parcels: 4 acres + 9.5 acs + 9.5 acs to the South/Southeast. Seller partially cleared front 4 acres viewable from Red Bird, and brought in dirt with inspiration to build a sophisticated pier & beam home, similar to examples in select enclaves in The Woodlands - superior in design - please inquire! Explore trails to the South that lead to a creek emptying out to Lake Woodlands, and another trail to the NW that leads to popular Gosling Sports Fields! Incredible value with unique opportunity for optional residential/commercial use on the outskirts of booming real estate in Southwest Montgomery County with expanding medical district, oil & gas presence, and other industries. Zoned to exemplary schools in The Wdlds, close to surrounding amenities, low tax rate & great development potential.
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| Oct 19, 2024 | Price Decreased |
$1,199,000
↓ $296K
(19.8%) | |
| Price Decreased | |||
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About The Woodlands
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,000 /mo
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$2,600 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017