$139,000 Last Listed Price
●
Land -
Off Market
15359 Crape Myrtle Lane
Navasota, TX 77868
Studio
0 Bath
$823
Est. Monthly
About This Property
Great opportunity to own a picturesque 2.5-acre hilltop homesite,
just minutes from Highway 6 and the new SH 249. Nestled among the
majestic pines of southern Grimes County, this property offers a
peaceful, elevated setting with utilities (water well, septic, and
power) already on-site from a prior mobile home. Septic have not
been in use or connected for several years, and no warranties are
provided regarding their condition.
Public water access is available along Crape Myrtle for added convenience.
This piece of land is in a fast-growing area making it ideal for multiple uses and is just perfect to build your dream home in the countryside! Don't wait and schedule your view today!
Public water access is available along Crape Myrtle for added convenience.
This piece of land is in a fast-growing area making it ideal for multiple uses and is just perfect to build your dream home in the countryside! Don't wait and schedule your view today!
Unit Size
-
Days on Market
-
Land Size
2.53 acres
Price per sqft
-
Property Type
Land
Property Taxes
$140
HOA Dues
-
Year Built
1998
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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 #80606787)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 27, 2025 | Sold | ||
| Sold | |||
| Dec 16, 2024 | In contract | - | |
| In contract | |||
| Sep 6, 2024 | Listed by Realm Real Estate Professionals - Katy | $139,000 | |
| Listed by Realm Real Estate Professionals - Katy | |||
| | |||
|
Great opportunity to own a picturesque 2.5-acre hilltop homesite, just minutes from Highway 6 and the new SH 249. Nestled among the majestic pines of southern Grimes County, this property offers a peaceful, elevated setting with utilities (water well, septic, and power) already on-site from a prior mobile home. Septic have not been in use or connected for several years, and no warranties are provided regarding their condition.
Public water access is available along Crape Myrtle for added convenience.
This piece of land is in a fast-growing area making it ideal for multiple uses and is just perfect to build your dream home in the countryside! Don't wait and schedule your view today!
| |||
| May 5, 2023 | Sold | ||
| Sold | |||
| Feb 13, 2023 | Listed by Brazos Land Company | $120,000 | |
| Listed by Brazos Land Company | |||
| | |||
|
2.5-acre hilltop homesite nestled in the towering pines of southern Grimes County minutes from the new SH 249. Utilities including water well, septic, and power are on site from a prior mobile home site. The utilities have not been connected and in use for several years. Sellers are not making any warranties as to their condition. Public water available along Crape Myrtle. Property is conveying As-Is.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Grimes
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Listed by: Joseline Vana, Realm Real Estate Professionals - Katy
Last Updated: 5 months ago
Data Source: HAR , MLS# 80606787
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Last Updated: 5 months ago
Data Source: HAR , MLS# 80606787
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