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14554 Almeda Road
About This Property
Don't miss this rare chance to own property in a highly visible, high-traffic location on Almeda Rd, just minutes from Beltway 8. Formerly used as a lumber yard for years, this site offers excellent frontage, strong exposure, and endless potential for redevelopment. Whether you're looking to build, expand, or invest, this property is a solid choice in one of Houston's growing corridors.
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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 3, 2026 | Price Decreased |
$998,900
↓ $101K
(9.2%) | |
| Price Decreased | |||
| Sep 14, 2025 | Listed by Real Estate Options of Texas | $1,100,000 | |
| Listed by Real Estate Options of Texas | |||
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About Orchard Grove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017