$995,000 Last Listed Price
●
House -
Off Market
24906 Glass Road
Hockley, TX 77447
3 Beds
3 Baths
2,793 Ft²
$1,002,746
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
Escape city taxes and restrictions and build your dream home on
this beautiful, Private Property located in Hockley, TX less than 5
miles off of Hwy 290 and within 20 minutes of most desired city
amenities. 20+ acres of land with pastures. Land houses a primary
home (could be guest home,inlaws home or income producing property)
with 3 bedrooms and 3 baths, a manufactured home, 2 barns, 24'x16' tough shed, Steel building for farm equipment/feed, sand riding
arena, round training pen and several open shelters on the
property. The main home features include 2 primary bedrooms with
full baths, 3rd bedroom and full bath off of den, open high ceiling
living spaces both with petrified wood burning fireplaces, central
vacuum, home generator, lots of storage space, oversized 2 car
garage,raised deck off of back primary bedroom,small patios out of
den and family room doors, kitchen w/stainless appliances. All
appliances stay w/property too! So much more! The potential with
this land is endless!
Unit Size
2,793 Ft²
Days on Market
-
Land Size
20.12 acres
Price per sqft
$356
Property Type
House
Property Taxes
$477
HOA Dues
-
Year Built
1986
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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: 5 months ago (HAR #83503023)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 12, 2022 | Sold | ||
| Sold | |||
| Mar 30, 2022 | Listed by Maddie Lowe Properties | $995,000 | |
| Listed by Maddie Lowe Properties | |||
| | |||
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Escape city taxes and restrictions and build your dream home on this beautiful, Private Property located in Hockley, TX less than 5 miles off of Hwy 290 and within 20 minutes of most desired city amenities. 20+ acres of land with pastures. Land houses a primary home (could be guest home,inlaws home or income producing property) with 3 bedrooms and 3 baths, a manufactured home, 2 barns, 24'x16' tough shed, Steel building for farm equipment/feed, sand riding arena, round training pen and several open shelters on the property. The main home features include 2 primary bedrooms with full baths, 3rd bedroom and full bath off of den, open high ceiling living spaces both with petrified wood burning fireplaces, central vacuum, home generator, lots of storage space, oversized 2 car garage,raised deck off of back primary bedroom,small patios out of den and family room doors, kitchen w/stainless appliances. All appliances stay w/property too! So much more! The potential with this land is endless!
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Property Highlights
Fireplace
Garage
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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Currently no similar homes aroundNearby Rentals
Listed by: Tiffany Nolan, Maddie Lowe Properties
Last Updated: 5 months ago
Data Source: HAR , MLS# 83503023
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Last Updated: 5 months ago
Data Source: HAR , MLS# 83503023
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