$95,000 Last Listed Price
●
Land -
Off Market
215 China Grove Drive
Rosharon, TX 77583
Studio
0 Bath
$111,154
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model
About This Property
Country living with easy access to Hwy 288 and surrounding areas
(Medical center, Alvin, Pearland, Houston, Lake Jackson and
Freeport). Suncreek Estates has a park w/playground, basketball
court. Livestock allowed: 1 horse per acre.
Unit Size
-
Days on Market
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Land Size
2.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$127
HOA Dues
$42
Year Built
-
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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: 5 months ago (HAR #36022630)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 22, 2021 | Sold | ||
| Sold | |||
| Oct 12, 2021 | Listed by Stanfield Properties | $124,900 | |
| Listed by Stanfield Properties | |||
| | |||
|
Absolutely gorgeous 2-acre lot with massive old oak trees, a mature pecan tree, and additional clusters of oaks and native trees scattered about this tract. A cleared area in the mid section is just waiting for your dream home to be designed by the builder of your choice! Boasting over 250' of frontage on China Grove Drive & at least 300' depth on Choctaw Drive, this estate size corner lot that is NOT in the flood plain offers endless opportunity in the deed-restricted Suncreek Estates community, where horses are allowed, starlit nights are commonplace, and you can breathe in the fresh country air - all with a low tax rate & no MUD tax! The last year has seen a buying frenzy in this acreage community, due in part to the close proximity to TX-288, Proposed Grand Parkway/TX-99, & the new TX-288 toll road that makes commuting to Downtown Houston, the Medical Center, Pearland, & Lake Jackson a breeze. This is one of the most beautiful lots I have sold in Suncreek Estates.
| |||
| Jun 9, 2021 | Sold | ||
| Sold | |||
| Apr 25, 2021 | Listed by Gulf Coast, Realtors | $95,000 | |
| Listed by Gulf Coast, Realtors | |||
| | |||
|
Country living with easy access to Hwy 288 and surrounding areas (Medical center, Alvin, Pearland, Houston, Lake Jackson and Freeport). Suncreek Estates has a park w/playground, basketball court. Livestock allowed: 1 horse per acre.
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Brazoria
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Listed by: Rebecca Patterson Soots, Gulf Coast, Realtors
Last Updated: 5 months ago
Data Source: HAR , MLS# 36022630
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Last Updated: 5 months ago
Data Source: HAR , MLS# 36022630
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