$120,000 Last Listed Price
●
Land -
Off Market
13 Ramrod
Hitchcock, TX 77563
Studio
0 Bath
$834
Est. Monthly
$55
HOA / Fees
About This Property
HIGHLY DESIRED EAST-facing waterfront homesite next to a reserve
with great views! Boat slip accommodations allow up to a 40' boathouse, one of few available. Minimum sq ft to build is 2200.
Easy access to Harborwalk's Marina Channel, West Galveston Bay &
the Intracoastal Waterway. The coastal lifestyle begins at
Harborwalk; West Galveston Bay offers the finest fishing, Yacht
Club, Full Service Marina, Ship Store, Fuel, Bait, Deli, Swim
Center, Flamingo Bar, and Private Boat Ramp. A great location close
to Galveston, Houston, surrounding areas and the Beltway. Please
call for details.
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
Land
Property Taxes
$189
HOA Dues
$55
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: 5 months ago (HAR #3266235)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 17, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | In contract | - | |
| In contract | |||
| Mar 2, 2024 | No longer available | - | |
| No longer available | |||
| Mar 1, 2024 | Listed by XL Legacy International | $120,000 | |
| Listed by XL Legacy International | |||
| | |||
|
HIGHLY DESIRED EAST-facing waterfront homesite next to a reserve with great views! Boat slip accommodations allow up to a 40' boathouse, one of few available. Minimum sq ft to build is 2200. Easy access to Harborwalk's Marina Channel, West Galveston Bay & the Intracoastal Waterway. The coastal lifestyle begins at Harborwalk; West Galveston Bay offers the finest fishing, Yacht Club, Full Service Marina, Ship Store, Fuel, Bait, Deli, Swim Center, Flamingo Bar, and Private Boat Ramp. A great location close to Galveston, Houston, surrounding areas and the Beltway. Please call for details.
| |||
| Aug 8, 2023 | Listed by XL Legacy International | $120,000 | |
| Listed by XL Legacy International | |||
| | |||
|
HIGHLY DESIRED EAST-facing waterfront homesite next to a reserve with great views! Boat slip accommodations allow up to a 40' boathouse, one of few available. Minimum sq ft to build is 2200. Easy access to Harborwalk's Marina Channel, West Galveston Bay & the Intracoastal Waterway. The coastal lifestyle begins at Harborwalk; West Galveston Bay offers the finest fishing, Yacht Club, Full Service Marina, Ship Store, Fuel, Bait, Deli, Swim Center, Flamingo Bar, and Private Boat Ramp. A great location close to Galveston, Houston, surrounding areas and the Beltway. Please call for details.
| |||
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Harborwalk
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Listed by: Carrie Blachford, XL Legacy International
Last Updated: 5 months ago
Data Source: HAR , MLS# 3266235
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Last Updated: 5 months ago
Data Source: HAR , MLS# 3266235
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