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10615 Twin Oak Drive
About This Property
With no HOA, buyers enjoy added flexibility to design a custom home or hold the property as a long-term investment. Positioned just east of I-45, the location balances privacy and accessibility, placing you minutes from The Woodlands, including The Woodlands Mall, Market Street, Hughes Landing, and Cynthia Woods Mitchell Pavilion.
Nearby mixed-use development activity in Oak Ridge North adds long-term appeal to the broader corridor, while this homesite remains within an established residential neighborhood. Whether planning a future build or securing land in a well-positioned area, this lot offers optionality, readiness, and enduring value.
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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 |
|---|---|---|---|
| Jun 26, 2026 | Sold | ||
| Sold | |||
| Jun 25, 2026 | In contract | - | |
| In contract | |||
| Jun 18, 2026 | Listed by Nan & Company Properties - Corporate Office (Heights) | $98,000 | |
| Listed by Nan & Company Properties - Corporate Office (Heights) | |||
| May 15, 2026 | No longer available | - | |
| No longer available | |||
| Jan 2, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017