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Map
12900 Hwy 59 S
About This Property
Over 17.5 acres of unrestricted land with excellent frontage on Highway 59 in Shepherd. This expansive, undeveloped tract offers endless potential-whether you're looking to build, invest, or develop. With direct access to a major highway, the property ensures high visibility and convenient access. A natural pond adds to its appeal, offering scenic views and potential for livestock or recreation. Located just north of Houston, this land is ideal for residential, agricultural, or commercial use. Utilities nearby. Don't miss out on this versatile opportunity!
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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 |
|---|---|---|---|
| Jan 2, 2026 | Listed by Diamond Crest Realty | $1,900,000 | |
| Listed by Diamond Crest Realty | |||
| Jan 1, 2026 | No longer available | - | |
| No longer available | |||
| Jun 5, 2025 | Listed by Diamond Crest Realty | $1,900,000 | |
| Listed by Diamond Crest Realty | |||
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Prime Opportunity in San Jacinto County!
Over 17.5 acres of unrestricted land with excellent frontage on Highway 59 in Shepherd. This expansive, undeveloped tract offers endless potential—whether you're looking to build, invest, or develop. With direct access to a major highway, the property ensures high visibility and convenient access. A natural pond adds to its appeal, offering scenic views and potential for livestock or recreation. Located just north of Houston, this land is ideal for residential, agricultural, or commercial use. Utilities nearby. Don’t miss out on this versatile opportunity!
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About San Jacinto
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Last Updated: 5 months ago
Data Source: HAR , MLS# 3511143
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