13
Map
$1,285,000
↓ $65K (4.8%)
●
Land -
For Sale
2120 Mansfield Street
Houston, TX 77091
Studio
0 Bath
$7,909
Est. Monthly
About This Property
BUILD READY!
OPPORTUNITY FOR Builders, Developers, and Investors!
Unlock the potential of this large, shovel-ready lot located in one of Houston's fastest-growing neighborhoods. This exceptional property has already been cleared, leveled, and re-platted into 27 homesites, offering an ideal canvas for builders, developers, and savvy investors.
All utilities are available on site, streamlining the development process and saving valuable time. In addition, the property is situated within a Federal Opportunity Zone. Whether you're planning a new residential community or looking for your next high-return investment, this property is perfectly positioned to deliver.
OPPORTUNITY FOR Builders, Developers, and Investors!
Unlock the potential of this large, shovel-ready lot located in one of Houston's fastest-growing neighborhoods. This exceptional property has already been cleared, leveled, and re-platted into 27 homesites, offering an ideal canvas for builders, developers, and savvy investors.
All utilities are available on site, streamlining the development process and saving valuable time. In addition, the property is situated within a Federal Opportunity Zone. Whether you're planning a new residential community or looking for your next high-return investment, this property is perfectly positioned to deliver.
Unit Size
-
Days on Market
-
Land Size
2.11 acres
Price per sqft
-
Property Type
Land
Property Taxes
$1,599
HOA Dues
-
Year Built
-
Listed By
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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: 3 months ago (HAR #16478655)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 16, 2026 | Price Decreased |
$1,285,000
↓ $65K
(4.8%) | |
| Price Decreased | |||
| Jun 24, 2026 | Listed by Frank Vasques, Broker | $1,350,000 | |
| Listed by Frank Vasques, Broker | |||
| Jan 3, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 19, 2025 | Listed by Covington Signature Realty LLC | $1,550,000 | |
| Listed by Covington Signature Realty LLC | |||
| | |||
|
OPPORTUNITY FOR Builders, Developers, and Investors!
Unlock the potential of this large, shovel-ready lot located in one of Houston’s fastest-growing neighborhoods. This exceptional property has already been cleared, leveled, and re-platted into 27 homesites, offering an ideal canvas for builders, developers, and savvy investors.
All utilities are available on site, streamlining the development process and saving valuable time. In addition, the property is situated within a Federal Opportunity Zone. Whether you’re planning a new residential community or looking for your next high-return investment, this property is perfectly positioned to deliver.
| |||
| Dec 21, 2021 | Sold | ||
| Sold | |||
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Property Highlights
Exterior Details
Lot Features: Level, Cleared, 2 Up to 5 Acres
Lot Size Area: 2.1099
Lot Size Units: Acres
Lot Size Acres: 2.1099
Lot Size Square Feet: 91907.244
Water Source: Public
Financial Details
Tax Annual Amount: $19,189
Utilities Details
Sewer : Public Sewer
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
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Listed by: Maximiliano Ayala, Frank Vasques, Broker
Last Updated: 3 months ago
Data Source: HAR , MLS# 16478655
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Last Updated: 3 months ago
Data Source: HAR , MLS# 16478655
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