0 Hufsmith Rd
About This Property
Suitable for either residential or commercial use, the property offers a flexible site for an investor or developer pursuing a project in one of the area's active growth corridors. Its location within the award-winning Tomball ISD, along with proximity to Concordia Lutheran and The John Cooper School, strengthens its appeal for residential development. Upscale neighborhoods surround the area, and The Woodlands Creekside is nearby. This is a standout land opportunity in a highly desirable location with meaningful potential for future development.
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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 |
|---|---|---|---|
| Aug 4, 2026 | Listed by Texan Preferred Realty | $5,500,000 | |
| Listed by Texan Preferred Realty | |||
| Jun 25, 2026 | Price Decreased |
$2,599,000
↓ $186K
(6.7%) | |
| Price Decreased | |||
| Apr 2, 2026 | Listed by Carswell Real Estate Co. Inc. | $2,785,000 | |
| Listed by Carswell Real Estate Co. Inc. | |||
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Fantastic 8.269+/- acres of versatile, unrestricted land ideal for both residential or commercial use. The property boasts high visibility, making it an excellent location for your business. The sale includes a house, being sold "as is, where is," providing endless possibilities for customization and development. Perfect opportunity for those looking to create their dream home or establish a thriving business in a prime location. There is no value for the house on the property.
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| Jan 24, 2025 | Sold | ||
| Sold | |||
| Nov 8, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017