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TBD W 01 Hwy 190
About This Property
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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 |
|---|---|---|---|
| Oct 1, 2024 | No longer available | - | |
| No longer available | |||
| Feb 1, 2024 | Listed by eXp Realty LLC | $295,000 | |
| Listed by eXp Realty LLC | |||
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The opportunities are endless on this beautiful piece of property located on U.S. Highway 190 on the edge of the Huntsville city limits. Build your dream home here, relax and enjoy life on nearly 10 acres of rolling East Texas Piney Woods.
Business owners can open up shop and attract customers off the busy highway that runs out front. This property can be developed for commercial or residential use. Everything is fair game, per the City of Huntsville, except RV parks, manufactured home parks and self-storage facilities.
You're going to love the hills, the tall pines and the convenient location to Huntsville. Take a look at the land and see what you think. Part of the property is in a floodway, but approximately 7.5 acres of the property are outside the floodway and can be developed safely.
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| Sep 8, 2023 | Sold | ||
| Sold | |||
| May 22, 2023 | Listed by HomeLand Properties, Inc | $150,000 | |
| Listed by HomeLand Properties, Inc | |||
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Excellent location in the path of progress with good visibility on US 190 (11,729 AADT) at the entrance to Huntsville. This property’s location has paved frontage on US 190 & Geneva Rd. 12? water line on Geneva Rd. & electricity onsite. This site’s zoning makes it a prime candidate for Retail, Industrial, or Office Development.
Do not miss this opportunity. Contact us today!
MARKET HIGHLIGHTS:
Huntsville, TX offers an excellent quality of life and is home to Sam Houston State University (one of the fastest-growing universities in the state). It also has other major employers such as TDCJ, Region 6 Educational Service Center, Walmart, Weatherford, and many others, making it an increasingly valuable investment market.
Sam Houston State University has a growing po9pulation of 21,000+ students, which continues to increase the demand and spending in this location.
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| May 16, 2022 | Listed by Evans and Associates | $147,900 | |
| Listed by Evans and Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017