2366 Beckendorff
About This Property
Opportunity awaits on this spacious homesite in the growing Sealy area. This property offers tremendous potential for investors, renovators, builders, or buyers looking for a project. The existing home is in poor condition and will require significant repairs and improvements, making it best suited for buyers seeking a complete renovation opportunity. The value is primarily in the location, land, and future potential rather than the current improvements. Conveniently located with access to I-10 and within commuting distance of Houston, this property provides a rare chance to create value and customize to your vision. Sold strictly AS-IS. Bring your contractor, imagination, and plans to transform this property into something special.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 11, 2026 | Sold | ||
| Sold | |||
| Jun 30, 2026 | In contract | - | |
| In contract | |||
| Jun 2, 2026 | Listed by Griffith Real Estate Services | $112,000 | |
| Listed by Griffith Real Estate Services | |||
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About Austin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017