$52,500 Last Listed Price
●
Land -
Off Market
11750 White Cedar Street
Willis, TX 77318
Studio
0 Bath
$56,786
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model
About This Property
Revitalizing neighborhood on Lake Conroe. Walnut Cove offers
affordable lots with community feel. Neighborhood offers amenities
such as Lake Conroe access, community dock, pool, club house and
pavilion, park, and basketball court. RVs, manufactured homes, and
vacation style homes throughout the neighborhood. Many new
construction homes recently sold and currently being built in the
neighborhood. 3 continuous lots, lot dimensions are approximate.
About an hour outside of Houston. Low taxes.
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
Land
Property Taxes
$37
HOA Dues
-
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 #17577858)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 20, 2022 | Sold | ||
| Sold | |||
| Jul 31, 2022 | Listed by Keller Williams Advtge Realty | $159,900 | |
| Listed by Keller Williams Advtge Realty | |||
| | |||
|
New construction by Quality Custom Homes! Single story 3 bed 2 bath charmer! Large open-concept living area with lots of natural light and high vaulted ceilings which provide a wonderful sense of space. Eye catching wood look tile floors throughout home with high quality fixtures. The kitchen boasts a fresh modern look with gorgeous granite countertops, an island, beautiful wood cabinets, large pantry for storage, and stainless steel appliances. The primary bath has a very nice shower with a calming spa feel, and just wait till you see the backyard which has a spacious covered back patio for your enjoyment. PLEASE NOTE: This house will be completed by mid September. The pictures are from a previously sold home which had the same floorplan. Slight design changes may vary. If you put under contract fast enough you can select from a variety of custom colors/material options to give this home your personal touch!
| |||
| Jan 31, 2022 | Sold | ||
| Sold | |||
| Dec 18, 2021 | Listed by CB&A, Realtors | $52,500 | |
| Listed by CB&A, Realtors | |||
| | |||
|
Revitalizing neighborhood on Lake Conroe. Walnut Cove offers affordable lots with community feel. Neighborhood offers amenities such as Lake Conroe access, community dock, pool, club house and pavilion, park, and basketball court. RVs, manufactured homes, and vacation style homes throughout the neighborhood. Many new construction homes recently sold and currently being built in the neighborhood. 3 continuous lots, lot dimensions are approximate. About an hour outside of Houston. Low taxes.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Walnut Cove
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Listed by: Julie Shalloup, CB&A, Realtors
Last Updated: 6 months ago
Data Source: HAR , MLS# 17577858
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Last Updated: 6 months ago
Data Source: HAR , MLS# 17577858
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