14
Map
$350,000
●
Land -
For Sale
2021 Ferguson Way
Houston, TX 77088
Studio
0 Bath
$1,719
Est. Monthly
About This Property
Prime Development Opportunity in Acres Homes! Seize this
extraordinary chance to build 11 townhomes on a pre-subdivided lot
complete with Site Plans. Builders, save months of time and avoid
the hassle of replatting-this project is ready to go! Located near
Highway 45 North, offering unparalleled convenience. Don't miss out
on this rare opportunity to capitalize on the growth of this sought
after community. Contact me today for details!
Unit Size
-
Days on Market
-
Land Size
0.73 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-
Listed By
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Cap Rate Calculator
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Monthly Rental Income
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Operating Profit Per Year
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: 7 months ago (HAR #96865533)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 20, 2026 | Listed by Alumbra International Properties | $350,000 | |
| Listed by Alumbra International Properties | |||
| Apr 17, 2026 | No longer available | - | |
| No longer available | |||
| Aug 4, 2025 | Listed by Alumbra International Properties | $350,000 | |
| Listed by Alumbra International Properties | |||
| | |||
|
Prime Development Opportunity in Acres Homes! Seize this extraordinary chance to build 11 townhomes on a pre-subdivided lot complete with Site Plans. Builders, save months of time and avoid the hassle of replatting—this project is ready to go! Located near Highway 45 North, offering unparalleled convenience. Don’t miss out on this rare opportunity to capitalize on the growth of this sought after community. Contact me today for details!
| |||
| May 14, 2025 | Listed | $365,900 | |
| Listed | |||
| | |||
|
Prime Development Opportunity in Acres Homes! Seize this extraordinary chance to build 11 townhomes on a pre-subdivided lot complete with Site Plans. Builders, save months of time and avoid the hassle of replatting—this project is ready to go! Located near Highway 45 North, offering unparalleled convenience. Don’t miss out on this rare opportunity to capitalize on the growth of this sought after community. Contact me today for details!
| |||
| Apr 18, 2025 | Listed | $400,000 | |
| Listed | |||
| | |||
|
Prime Development Opportunity in Acres Homes! Seize this extraordinary chance to build 11 townhomes on a pre-subdivided lot complete with Site Plans. Builders, save months of time and avoid the hassle of replatting—this project is ready to go! Located near Highway 45 North, offering unparalleled convenience. Don’t miss out on this rare opportunity to capitalize on the growth of this sought after community. Contact me today for details!
| |||
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Property Highlights
Exterior Details
Lot Features: Subdivision, 1/2 Up to 1 Acre
Lot Size Area: 0.7303
Lot Size Units: Acres
Lot Size Acres: 0.7303
Lot Size Square Feet: 31813
Lot Size Dimensions: 123 x 257 x 123 x 257
Tax Lot: 1-11
Water Source: Public, Other
Utilities Details
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About North Houston
Similar Homes for Sale
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Listed by: Victoria Solorzano, Alumbra International Properties
Last Updated: 7 months ago
Data Source: HAR , MLS# 96865533
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Last Updated: 7 months ago
Data Source: HAR , MLS# 96865533
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