30
Map
$145,000
●
Land -
For Sale
23221 Aldine Westfield Rd Road
Spring, TX 77373
Studio
0 Bath
$940
Est. Monthly
About This Property
Prime commerical lot available designated a reserve A. This
lot is located in a growing shopping center development. This
shovel-ready site offers high visibility, excellent frontage, and
strong traffic exposure-perfect for retail, office, medical, or
service-based development. Located in an established commercial
corridor with nearby national and local tenants, this lot provides
outstanding potential for a build-to-suit opportunity. Utilities
available based on the shopping center development. Property
is located in a flood zone and this lot has 12, 001 square feet of
space. Take advantage of the area's growth and bring your vision to
life in this strategic location.
Unit Size
-
Days on Market
-
Land Size
0.38 acres
Price per sqft
-
Property Type
Land
Property Taxes
$228
HOA Dues
-
Year Built
1986
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: 2 months ago (HAR #85489312)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 22, 2026 | Listed by Keller Williams Memorial | $145,000 | |
| Listed by Keller Williams Memorial | |||
| Feb 1, 2026 | No longer available | - | |
| No longer available | |||
| Dec 15, 2025 | Sold | ||
| Sold | |||
| Nov 7, 2025 | In contract | - | |
| In contract | |||
| Jul 23, 2025 | Listed by LPT Realty, LLC | $245,000 | |
| Listed by LPT Realty, LLC | |||
   | |||
|
Prime commercial lot available designated a reserve C. This lot is located in a growing shopping center development. This shovel-ready site offers high visibility, excellent frontage, and strong traffic exposure—perfect for retail, office, medical, or service-based development. Located in an established commercial corridor with nearby national and local tenants, this lot provides outstanding potential for a build-to-suit opportunity. Utilities available based on the shopping center development. Property is located in a flood zone and this lot has 16, 466 square feet of space. Take advantage of the area's growth and bring your vision to life in this strategic location.
| |||
Property Highlights
Exterior Details
Lot Features: Other, Build Line Restricted, Lot Size Restricted, 0 Up To 1/4 Acre, No Lot Improvements
Lot Size Area: 0.378
Lot Size Units: Acres
Lot Size Acres: 0.378
Lot Size Square Feet: 16465.68
Lot Size Dimensions: 100 x 120 x 100 x 120
Water Source: Water District
Financial Details
Tax Annual Amount: $2,734
Location Details
HOA Fee Frequency: Monthly
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
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HOA + Taxes
About Timber Lane
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Listed by: Rebecca Vera, Keller Williams Memorial
Last Updated: 2 months ago
Data Source: HAR , MLS# 85489312
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Last Updated: 2 months ago
Data Source: HAR , MLS# 85489312
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