$109,000 Last Listed Price
●
Land -
Off Market
22314 Meadowsweet Drive
Magnolia, TX 77355
Studio
0 Bath
$115,028
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model
About This Property
Fantastic unimproved LOT in highly sought after Clear Creek Forest,
just under 3/4 of an acre. High and dry lot surrounded by custom
homes. The lot has been underbrushed so the potential can be more
easily 'seen!' This specific section of CCF offers a 10 acre
amenities park accessed by electronic card at the gate, which
includes a pool, fishing lake, sport court, huge pavilion with
restrooms, picnic areas, and a playground. Deed restrictions in
place and this lot requires a minimum square footage of 1600 SF.
This lot will NOT last long!
Unit Size
-
Days on Market
-
Land Size
0.67 acres
Price per sqft
-
Property Type
Land
Property Taxes
$87
HOA Dues
$18
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 #82425183)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 6, 2026 | Sold | ||
| Sold | |||
| Jan 21, 2026 | In contract | - | |
| In contract | |||
| Jan 14, 2026 | Listed by eXp Realty LLC | $135,000 | |
| Listed by eXp Realty LLC | |||
   | |||
|
This is literally one of the BEST lots left in Clear Creek Forest, Section 12! Right at 2/3 of an acre, this lot has been lovingly improved and boasts underbrushing, some landscaping, a putting green (yes, you read that right!), and is nestled between two nice homes. This section has water tap-in available, and an amazing recreational area, situated on ten acres, with gated access for property owners of CCF12, and offers a pool, pavilion, fishing lake, sport court, playground, and picnic areas ~ all of that for a low annual maintenance fee. This represents a very *rare* opportunity to secure a larger sized lot, as most growth in this area is related to more traditional small lot communities. Elementary campus is one mile away, and other campuses are within a few miles. Volunter fire station is located at the entrance of the community and should factor into homeowners insurance cost, & having EMS so near is a bonus. Highly sought after rural community ~ don't procrastinate on this one!
| |||
| Nov 4, 2022 | Sold | ||
| Sold | |||
| Oct 7, 2022 | Listed by LaRae Whorley Realty Group | $109,000 | |
| Listed by LaRae Whorley Realty Group | |||
| | |||
|
Fantastic unimproved LOT in highly sought after Clear Creek Forest, just under 3/4 of an acre. High and dry lot surrounded by custom homes. The lot has been underbrushed so the potential can be more easily 'seen!' This specific section of CCF offers a 10 acre amenities park accessed by electronic card at the gate, which includes a pool, fishing lake, sport court, huge pavilion with restrooms, picnic areas, and a playground. Deed restrictions in place and this lot requires a minimum square footage of 1600 SF. This lot will NOT last long!
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Clear Creek Forest
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: LaRae Whorley, LaRae Whorley Realty Group
Last Updated: 4 months ago
Data Source: HAR , MLS# 82425183
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Last Updated: 4 months ago
Data Source: HAR , MLS# 82425183
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