$245,000 Last Listed Price
●
Land -
Off Market
16440 Jireh Road
Conroe, TX 77306
Studio
0 Bath
$1,567
Est. Monthly
About This Property
Design your personal secluded oasis upon this expansive 7.12 acres
with no restrictions! Depart the confines of the city life and
immerse yourself in the embrace of nature once again! Nestled on
the outskirts of Conroe, this property boasts close proximity to
the vast offerings of both Conroe and The Woodlands. Featuring a
rear-positioned pond and partially cleared, the land holds
potential for cultivation, agriculture, or the realization of your
ideal dwelling. Property could also be used as an investment
opportunity.
Unit Size
-
Days on Market
-
Land Size
7.12 acres
Price per sqft
-
Property Type
Land
Property Taxes
$364
HOA Dues
-
Year Built
1997
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Cap Rate Calculator
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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: 4 months ago (HAR #16038956)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 27, 2024 | Sold | ||
| Sold | |||
| Jul 3, 2024 | In contract | - | |
| In contract | |||
| May 17, 2024 | Listed by Realty ONE Group, Experience | $245,000 | |
| Listed by Realty ONE Group, Experience | |||
| | |||
|
Design your personal secluded oasis upon this expansive 7.12 acres with no restrictions! Depart the confines of the city life and immerse yourself in the embrace of nature once again! Nestled on the outskirts of Conroe, this property boasts close proximity to the vast offerings of both Conroe and The Woodlands. Featuring a rear-positioned pond and partially cleared, the land holds potential for cultivation, agriculture, or the realization of your ideal dwelling. Property could also be used as an investment opportunity.
| |||
| Mar 29, 2024 | No longer available | - | |
| No longer available | |||
| Mar 27, 2023 | Listed by Realty ONE Group, Experience | $299,000 | |
| Listed by Realty ONE Group, Experience | |||
| | |||
|
Design your personal secluded oasis upon this expansive 7.12 acres with no restrictions! Depart the confines of the city life and immerse yourself in the embrace of nature once again! Nestled on the outskirts of Conroe, this property boasts close proximity to the vast offerings of both Conroe and The Woodlands. Featuring a rear-positioned pond and partially cleared, the land holds potential for cultivation, agriculture, or the realization of your ideal dwelling. Property could also be used as an investment opportunity.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
Price/ft²
Price/ft²
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Closing Price
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HOA + Taxes
About Montgomery
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Listed by: Brian Davis, Realty ONE Group, Experience
Last Updated: 4 months ago
Data Source: HAR , MLS# 16038956
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Last Updated: 4 months ago
Data Source: HAR , MLS# 16038956
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