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11544 Inspiration Drive
About This Property
Discover 3 beautifully wooded acres in Republic Grand Ranch, offering the space, privacy, and natural character to create an exceptional custom estate. Position your home on the higher portion of the property and enjoy beautiful views as the land gently slopes toward the rear, creating a dramatic backdrop of mature trees and a private canopy below. The natural elevation adds dimension and character while providing an ideal setting for a luxury home, resort-style pool, outdoor kitchen, workshop, guest accommodations, or expansive entertaining areas. Enjoy peaceful acreage living surrounded by nature. Features paved roads, public water, underground utilities, high-speed fiber internet, parks, a private pond, pavilions, playgrounds, BBQ areas, miles of green space, hiking, biking, equestrian trails. Low tax rate and no MUD tax. Convenient to I-45, Lake Conroe, shopping, dining, and The Woodlands.
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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 |
|---|---|---|---|
| Sep 18, 2026 | Listed by Grand Ranch Properties | $219,900 | |
| Listed by Grand Ranch Properties | |||
| Sep 14, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 28, 2026 | Price Decreased |
$214,900
↓ $5K
(2.3%) | |
| Price Decreased | |||
| Aug 25, 2026 | Price Decreased |
$219,900
↓ $5K
(2.2%) | |
| Price Decreased | |||
| Aug 14, 2026 | Price Decreased |
$224,900
↓ $5K
(2.2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017