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1326 Almeda Genoa Road
About This Property
With no restrictions and public water access. The possibilities are truly endless.
Take advantage of this rare opportunity to secure a high-visibility corner lot with incredible double access and development potential. This property is listed for lot value, but the existing building is included in the sale. It can be converted into a functional office space, featuring four rooms/offices, a reception area, and a conference room. The structure sits on a pier and beam foundation, and the construction is 95% completed.
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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 25, 2026 | Price Decreased |
$900,000
↓ $100K
(10%) | |
| Price Decreased | |||
| Jul 27, 2026 | Listed by Compass RE Texas, LLC - The Heights | $1,000,000 | |
| Listed by Compass RE Texas, LLC - The Heights | |||
| Jul 15, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 3, 2025 | Listed by Compass RE Texas, LLC - The Heights | $1,000,000 | |
| Listed by Compass RE Texas, LLC - The Heights | |||
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Corner Lot! Close enough yet not on the way of the Kirby expansion. Discover the incredible potential of this expansive 2+ acre property sold at $14 per sqft. Situated on a cleared corner lot within Houston city limits, this versatile property offers both commercial and residential opportunities — whether you’re looking to establish a gas station, warehouse, restaurant, or even build your dream home or a combination of any of the above!
With no restrictions and public water access. The possibilities are truly endless.
Take advantage of this rare opportunity to secure a high-visibility corner lot with incredible double access and development potential. This property is listed for lot value, but the existing building is included in the sale. It can be converted into a functional office space, featuring four rooms/offices, a reception area, and a conference room. The structure sits on a pier and beam foundation, and the construction is 95% completed.
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| Nov 1, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
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About Southwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017