24853 N Twelve Oaks Drive
About This Property
.5 acres of lush, flat terrain
Located on a quiet street with minimal through traffic
Utilities available at the street, ready for connection
No HOA fees, giving you flexibility with your build
Conveniently located just minutes from I-69/US-59, providing quick access to New Caney, Kingwood, and beyond
Zoned to Splendora ISD – a highly rated school district
This lot offers endless possibilities. The mature trees surrounding the lot provide shade and privacy, making this a serene escape from the hustle and bustle.
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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 |
|---|---|---|---|
| Oct 29, 2024 | Sold | ||
| Sold | |||
| Oct 28, 2024 | In contract | - | |
| In contract | |||
| Oct 16, 2024 | Relisted | $59,900 | |
| Relisted | |||
| Oct 9, 2024 | In contract | - | |
| In contract | |||
| Oct 4, 2024 | Listed by All City Real Estate, Ltd. Co. | $59,900 | |
| Listed by All City Real Estate, Ltd. Co. | |||
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Discover the perfect opportunity for this .5-acre vacant lot located in the peaceful countryside of Splendora, TX. Situated in the quiet Twelve Oaks community, this spacious lot offers the privacy of rural living while maintaining easy access to city conveniences.
.5 acres of lush, flat terrain
Located on a quiet street with minimal through traffic
Utilities available at the street, ready for connection
No HOA fees, giving you flexibility with your build
Conveniently located just minutes from I-69/US-59, providing quick access to New Caney, Kingwood, and beyond
Zoned to Splendora ISD – a highly rated school district
This lot offers endless possibilities. The mature trees surrounding the lot provide shade and privacy, making this a serene escape from the hustle and bustle.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017