0 Tbd Circle
About This Property
Nestled on over half an acre, this hidden gem awaits you on a tranquil and undeveloped road in the charming Magnolia Bend community. Imagine having your own private getaway property, where you can park your camper and immerse yourself in nature's embrace near the banks of the beautiful San Jacinto River. The lot is generously surrounded by lush woods and will need some clearing to transform it into your own personalized sanctuary. Convenience meets seclusion in Magnolia Bend, which is only a short 20-minute drive away from the heart of vibrant Conroe where you'll have easy access to all the amenities, entertainment, and dining options the city offers. Yet, as you return to your haven, you'll leave the hustle and bustle behind, retreating to your own slice of paradise. Don't miss out on this incredible chance to set up the perfect weekend escape. Embrace the tranquility, breathe in the fresh air, and make this slice of heaven yours today!
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
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%.
How much can I actually make?
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.
How is cap rate calculated?
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 |
|---|---|---|---|
| Dec 22, 2023 | Sold | ||
| Sold | |||
| Jul 28, 2023 | Listed by Compass RE Texas, LLC - The Woodlands | $14,000 | |
| Listed by Compass RE Texas, LLC - The Woodlands | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017