$499,000 Last Listed Price
●
Land -
Off Market
22251 Murrell Road
Hockley, TX 77447
Studio
0 Bath
$3,111
Est. Monthly
$88
HOA / Fees
About This Property
ONE OF A KIND WOODED LOT!! Come and build your country estate
on this 5.16 acre lot beneath gorgeous, sprawling live oaks within
the prestigious gated community of Century Oaks Estates.
Enjoy the privacy of living on a quiet street within an
upscale and secluded community surrounded by this kind of beauty &
nature! Truly a rare find! Easily accessible to the small
towns nearby including Tomball, Waller & Magnolia. With
convenient access to Hwy 290, 249, FM 2920 and Houston is just a
short distance away. Horses are Allowed! Custom home building
also available! No Water & No Sewer. See Survey Attached.
Low taxes zoned to the highly accredited Waller ISD!
Schedule a showing today!
Unit Size
-
Days on Market
-
Land Size
5.16 acres
Price per sqft
-
Property Type
Land
Property Taxes
$573
HOA Dues
$88
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: 4 months ago (HAR #94652415)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 12, 2025 | Sold | ||
| Sold | |||
| Sep 16, 2025 | In contract | - | |
| In contract | |||
| Aug 8, 2025 | Listed by Red Door Realty & Associates The Woodlands | $625,000 | |
| Listed by Red Door Realty & Associates The Woodlands | |||
   | |||
|
Wooded lot ready to be cleared to build the home of your dreams! Enjoy 5.16 acres of privacy and live oak trees with affiliation to Century Oaks Estates. Your drive down Murrell Road will blow you away. Horses allowed! There is also a pond on the back end of the property. Survey available. Very low tax rate and zoned to Waller ISD. Text agent for showing or questions. This one won't last long!
| |||
| Mar 12, 2024 | Sold | ||
| Sold | |||
| Dec 12, 2023 | Listed by Carswell Real Estate Co. Inc. | $499,000 | |
| Listed by Carswell Real Estate Co. Inc. | |||
| | |||
|
ONE OF A KIND WOODED LOT!! Come and build your country estate on this 5.16 acre lot beneath gorgeous, sprawling live oaks within the prestigious gated community of Century Oaks Estates. Enjoy the privacy of living on a quiet street within an upscale and secluded community surrounded by this kind of beauty & nature! Truly a rare find! Easily accessible to the small towns nearby including Tomball, Waller & Magnolia. With convenient access to Hwy 290, 249, FM 2920 and Houston is just a short distance away. Horses are Allowed! Custom home building also available! No Water & No Sewer. See Survey Attached. Low taxes zoned to the highly accredited Waller ISD! Schedule a showing today!
| |||
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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 Waller
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Listed by: Justin Carswell, Carswell Real Estate Co. Inc.
Last Updated: 4 months ago
Data Source: HAR , MLS# 94652415
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Last Updated: 4 months ago
Data Source: HAR , MLS# 94652415
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