16
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$1,000,000
●
Land -
For Sale
119 Heatherwood Drive
Spring, TX 77386
Studio
0 Bath
$5,241
Est. Monthly
About This Property
Amazing .6 Acre prime lot strategically located in the heart of
Spring, Texas, 77386 just off 45 frontage. This exceptional
property offers a lucrative opportunity for development, catering
to the vibrant business landscape of the surrounding area. Nestled
in close proximity to thriving businesses and offices, this lot is
ideally situated for entrepreneurs seeking a strategic location to
establish their enterprise. Nearby, you'll find a mix of
established businesses, corporate offices, and commercial hubs,
creating a dynamic environment for growth and success. The
strategic positioning of 119 Heatherwood Drive ensures easy access
to key amenities and services, making it an attractive choice for
offices, doctor, dentist, lawyer, mechanic, etc. With its
convenient location, this lot presents an excellent investment
opportunity for those aiming to tap into the local business
ecosystem. Don't miss the chance to be part of the flourishing
area.
Unit Size
-
Days on Market
-
Land Size
0.61 acres
Price per sqft
-
Property Type
Land
Property Taxes
$331
HOA Dues
-
Year Built
1970
Listed By
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Cap Rate Calculator
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Monthly Property Taxes
Monthly Rental Income
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Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 3 months ago (HAR #81530913)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 29, 2026 | Listed by Realty Right | $1,000,000 | |
| Listed by Realty Right | |||
| Sep 9, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 9, 2025 | Listed by Realty Right | $1,000,000 | |
| Listed by Realty Right | |||
   | |||
|
Amazing .6 Acre prime lot strategically located in the heart of Spring, Texas, 77386 just off 45 frontage. This exceptional property offers a lucrative opportunity for development, catering to the vibrant business landscape of the surrounding area. Nestled in close proximity to thriving businesses and offices, this lot is ideally situated for entrepreneurs seeking a strategic location to establish their enterprise. Nearby, you'll find a mix of established businesses, corporate offices, and commercial hubs, creating a dynamic environment for growth and success. The strategic positioning of 119 Heatherwood Drive ensures easy access to key amenities and services, making it an attractive choice for offices, doctor, dentist, lawyer, mechanic, etc. With its convenient location, this lot presents an excellent investment opportunity for those aiming to tap into the local business ecosystem. Don't miss the chance to be part of the flourishing area.
| |||
| Aug 8, 2025 | Price Decreased |
$999,999
↓ $1
(0%) | |
| Price Decreased | |||
| Nov 30, 2023 | Listed by Realty Right | $1,000,000 | |
| Listed by Realty Right | |||
| | |||
|
Amazing .6 Acre prime lot strategically located in the heart of Spring, Texas, 77386 just off 45 frontage. This exceptional property offers a lucrative opportunity for development, catering to the vibrant business landscape of the surrounding area. Nestled in close proximity to thriving businesses and offices, this lot is ideally situated for entrepreneurs seeking a strategic location to establish their enterprise. Nearby, you'll find a mix of established businesses, corporate offices, and commercial hubs, creating a dynamic environment for growth and success. The strategic positioning of 119 Heatherwood Drive ensures easy access to key amenities and services, making it an attractive choice for offices, doctor, dentist, lawyer, mechanic, etc. With its convenient location, this lot presents an excellent investment opportunity for those aiming to tap into the local business ecosystem. Don't miss the chance to be part of the flourishing area.
| |||
Property Highlights
Exterior Details
Lot Features: Other, Wooded, 1/2 Up to 1 Acre
Lot Size Area: 0.6079
Lot Size Units: Acres
Lot Size Acres: 0.6079
Lot Size Square Feet: 26480.124
Tax Lot: 214
Water Source: Public
Financial Details
Tax Annual Amount: $3,967
Utilities Details
Sewer : Public Sewer
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
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Oak Ridge North
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Listed by: Erick Harbert, Realty Right
Last Updated: 3 months ago
Data Source: HAR , MLS# 81530913
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Last Updated: 3 months ago
Data Source: HAR , MLS# 81530913
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