$157,900 Last Listed Price
●
Land -
Off Market
1 Branns Fern
Conroe, TX 77304
Studio
0 Bath
$205,044
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model
About This Property
Conroe 1.8 Acre Wooded Cul-de-Sac Lot in Teaswood Exclusive Private
Estate Community by I-45, N Loop 336 & TX-105. Property has All
City Utilities & Fiber Optic High-Speed Internet! Lot has a
beautiful 3-rail white picket fence along the road; several mature
magnolias, dogwoods & pine trees; and plenty of space in the
"Tadpole tail" area to create your own private recreational space.
Deed Restricted Teaswood Community has 1-3 acre wooded & waterfront
home sites, winding streets, rolling hills, bridges, low-water
crossings, trails, fishing piers, spring-fed lakes stocked w/bass,
pavilion & playground. Deed Restrictions under Docs & HOA website
under links! No time frame required to build a custom home with a
builder of your choosing! Award-winning Schools! Teaswood Estate
Community has locked automatic gates! Low tax rate & no MUD taxes!
Close to Sam Houston State Univ, Lake Conroe, The Woodlands &
Schlitterbahn Waterpark. 40 Miles to Downtown Houston & Bush
Intercontinental Airport.
Unit Size
-
Days on Market
-
Land Size
1.79 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$133
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (HAR #8348808)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jan 21, 2021 | Sold | ||
| Sold | |||
| Jul 12, 2020 | In contract | - | |
| In contract | |||
| May 8, 2020 | Listed by Keller Williams Realty | $157,900 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Conroe 1.8 Acre Wooded Cul-de-Sac Lot in Teaswood Exclusive Private Estate Community by I-45, N Loop 336 & TX-105. Property has All City Utilities & Fiber Optic High-Speed Internet! Lot has a beautiful 3-rail white picket fence along the road; several mature magnolias, dogwoods & pine trees; and plenty of space in the “Tadpole tail” area to create your own private recreational space. Deed Restricted Teaswood Community has 1-3 acre wooded & waterfront home sites, winding streets, rolling hills, bridges, low-water crossings, trails, fishing piers, spring-fed lakes stocked w/bass, pavilion & playground. Deed Restrictions under Docs & HOA website under links! No time frame required to build a custom home with a builder of your choosing! Award-winning Schools! Teaswood Estate Community has locked automatic gates! Low tax rate & no MUD taxes! Close to Sam Houston State Univ, Lake Conroe, The Woodlands & Schlitterbahn Waterpark. 40 Miles to Downtown Houston & Bush Intercontinental Airport.
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Teaswood
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Heidi Allbritton, Keller Williams Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 8348808
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Last Updated: 5 months ago
Data Source: HAR , MLS# 8348808
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