202 Cedar Creek Drive
About This Property
Embrace peace and potential on this 5.5-acre property near Needville. Surrounded by mature trees, this country setting is perfect for building your dream home. The property features an existing home and a barn in the pasture-ideal for livestock or hobbies. Highlights include mature trees, no flooding history, and easy town access. Whether renovating or starting anew, the true value lies in the natural beauty and tranquility.
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Cap Rate Calculator
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 30, 2025 | Sold | ||
| Sold | |||
| Sep 6, 2025 | In contract | - | |
| In contract | |||
| Aug 2, 2025 | Price Decreased |
$349,900
↓ $40K
(10.3%) | |
| Price Decreased | |||
| Apr 23, 2025 | Price Decreased |
$389,900
↓ $41K
(9.5%) | |
| Price Decreased | |||
| Mar 26, 2025 | Listed by Berkshire Hathaway Home Services Texas Realty | $431,000 | |
| Listed by Berkshire Hathaway Home Services Texas Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017