1615 Gilmore Street
About This Property
For buyers, this lot offers flexibility and a prime location near Carl Barton Jr. Park, H-E-B, and Conroe's vibrant downtown dining and shopping options. Investors may note the ample supply and a focus on long-term potential in a growing area. This is a great opportunity!!
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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 |
|---|---|---|---|
| Jun 22, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 22, 2026 | Listed by Keller Williams Realty The Woodlands | $98,000 | |
| Listed by Keller Williams Realty The Woodlands | |||
| Apr 8, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 7, 2026 | Listed by Keller Williams Realty The Woodlands | $98,000 | |
| Listed by Keller Williams Realty The Woodlands | |||
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Clear Lot: Presenting a generous 14,000 sq.ft, ready for development. This property is situated on a quiet, low-traffic street with convenient access to major roads, providing a versatile opportunity for single-family, townhome, duplex or mobile home construction. The lot is fully cleaned and cleared, allowing for immediate planning and build-out. Buyers are encouraged to verify utility availability and any applicable restrictions.
For buyers, this lot offers flexibility and a prime location near Carl Barton Jr. Park, H-E-B, and Conroe’s vibrant downtown dining and shopping options. Investors may note the ample supply, suggesting careful pricing and a focus on long-term potential in a growing area. This is a great opportunity!!
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| Jan 16, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017