9
Map
$150,000
●
Land -
For Sale
14701 Topaz Court
Willis, TX 77378
Studio
0 Bath
$937
Est. Monthly
$105
HOA / Fees
About This Property
Rare opportunity to own 14.6± acres combining the privacy of a
gated community with the flexibility of unrestricted acreage! The
property includes a 1-acre cul-de-sac homesite in the gated Emerald
Lakes community, along with 13.6 acres of unrestricted land
directly behind it See MLS #16721435.
Emerald Lakes offers a peaceful setting just minutes from Lake Conroe and I-45, with convenient access to The Woodlands, shopping, dining, and everyday amenities. Residents enjoy an impressive lineup of community features, including a 30-acre lake, swimming pool, tennis courts, boat ramps, and on-site storage.
Build your dream home inside the gated community while enjoying the additional space and possibilities offered by the unrestricted acreage behind it. The area also benefits from a low tax rate.
Both parcels are being sold together and will not be sold separately. Survey available. See MLS #16721435 for additional information.
Emerald Lakes offers a peaceful setting just minutes from Lake Conroe and I-45, with convenient access to The Woodlands, shopping, dining, and everyday amenities. Residents enjoy an impressive lineup of community features, including a 30-acre lake, swimming pool, tennis courts, boat ramps, and on-site storage.
Build your dream home inside the gated community while enjoying the additional space and possibilities offered by the unrestricted acreage behind it. The area also benefits from a low tax rate.
Both parcels are being sold together and will not be sold separately. Survey available. See MLS #16721435 for additional information.
Unit Size
-
Days on Market
-
Land Size
1.01 acres
Price per sqft
-
Property Type
Land
Property Taxes
$95
HOA Dues
$105
Year Built
-
Listed By
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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: 24 days ago (HAR #74096629)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 20, 2026 | Listed by Ai Realty | $150,000 | |
| Listed by Ai Realty | |||
| Dec 31, 2021 | No longer available | - | |
| No longer available | |||
| Jul 12, 2021 | Price Decreased |
$739,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Jun 25, 2021 | Price Decreased |
$749,000
↓ $9K
(1.2%) | |
| Price Decreased | |||
| Apr 29, 2021 | Listed by Central Metro Realty | $758,000 | |
| Listed by Central Metro Realty | |||
| | |||
|
Prime location 14.6 acres, a min to I-45 and 20 min to the Woodlands, 35 min to Bush Intl Airport and easy access to Lake Conroe. Entrance through Emerald Lakes (lot 14, one acre) and an easement-right of way on Hwy.75 within legal description of 13.6 unrestricted-agricultural exempt taxes. Property in zone X, outside the 100 year flood plain FEMA Map, high elevation +385 feet, high speed internet, underground utilities, natural gas and mature trees over 50 years old. Enjoy Emerald Lakes 460+ ac of rolling hills, amenities like swimming pool, tennis courts, community center, boat-RV storage and a pristine spring-fed 30 ac lake.
| |||
Property Highlights
Exterior Details
Lot Features: Cul-De-Sac, 1 Up to 2 Acres
Lot Size Area: 1.01
Lot Size Units: Acres
Lot Size Acres: 1.01
Lot Size Square Feet: 43995.6
Lot Size Dimensions: 50 x 330 x 250 x 261
Water Source: Public
Financial Details
Tax Annual Amount: $1,144
Utilities Details
Sewer : Septic Tank
Location Details
HOA Fee: $1,255
HOA Fee Frequency: Annually
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
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HOA + Taxes
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Listed by: Marco Salazar, Ai Realty
Last Updated: 24 days ago
Data Source: HAR , MLS# 74096629
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Last Updated: 24 days ago
Data Source: HAR , MLS# 74096629
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