$195,000 Last Listed Price
●
Land -
Off Market
1027 China Grove Drive
Rosharon, TX 77583
Studio
0 Bath
$219,463
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
This 5-acre heavily wooded tract is dotted with oaks and pecan
trees in the quiet and secluded Suncreek Estates community in
Rosharon! Pick and choose which trees to keep and will surround
your forever home. Use the builder of your choice to design
your custom home. Bring your horses and enjoy the starlit nights
and fresh country air in this up-and-coming deed-restricted
community with a low tax rate & no MUD tax. Just down the street
from this lot, find the community playground with sports court,
riding trails, and a 22-acre lake, complete with a fishing pier &
pavilion. The close proximity to TX-288 & Proposed Grand
Parkway/TX-99 and the new 288 toll road makes commuting a breeze to
Downtown Houston, the Texas Medical Center, Pearland, & Lake
Jackson.
Unit Size
-
Days on Market
-
Land Size
5.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$244
HOA Dues
$40
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: 6 months ago (HAR #65545828)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 30, 2021 | Sold | ||
| Sold | |||
| Sep 5, 2021 | Listed by Stanfield Properties | $195,000 | |
| Listed by Stanfield Properties | |||
| | |||
|
This 5-acre heavily wooded tract is dotted with oaks and pecan trees in the quiet and secluded Suncreek Estates community in Rosharon! Pick and choose which trees to keep and will surround your forever home. Use the builder of your choice to design your custom home. Bring your horses and enjoy the starlit nights and fresh country air in this up-and-coming deed-restricted community with a low tax rate & no MUD tax. Just down the street from this lot, find the community playground with sports court, riding trails, and a 22-acre lake, complete with a fishing pier & pavilion. The close proximity to TX-288 & Proposed Grand Parkway/TX-99 and the new 288 toll road makes commuting a breeze to Downtown Houston, the Texas Medical Center, Pearland, & Lake Jackson.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Sold On
HOA + Taxes
About Brazoria
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Thomas Summerville, Stanfield Properties
Last Updated: 6 months ago
Data Source: HAR , MLS# 65545828
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Last Updated: 6 months ago
Data Source: HAR , MLS# 65545828
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