$220,000
●
Land -
For Sale
26514 Ruby Street
Splendora, TX 77372
Studio
0 Bath
$1,273
Est. Monthly
About This Property
Great opportunity to own approximately 2 acres in the heart of
Splendora! This spacious residential tract offers approximately 181
feet of frontage on Ruby Street and a depth of approximately 480
feet. A large portion of the property has already been cleared,
while mature trees remain along the perimeter, providing a nice
combination of usable open space and natural privacy. Conveniently
located near FM 2090 with easy access to I-69/US-59, shopping,
schools, and the growing Splendora area. The size and configuration
of the property offer several possibilities for residential
development. Survey available. Buyer should independently verify
all permitted uses, utilities, building requirements, restrictions,
subdivision possibilities, and development requirements with the
City of Splendora and other applicable authorities.
Unit Size
-
Days on Market
-
Land Size
2.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$192
HOA Dues
-
Year Built
-
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 #60802296)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 5, 2026 | Listed by AVILA REALTY | $220,000 | |
| Listed by AVILA REALTY | |||
| Jul 1, 2022 | Sold | ||
| Sold | |||
| Jan 31, 2022 | Listed by JLA Realty | $135,000 | |
| Listed by JLA Realty | |||
| | |||
|
HUGE 2 ACRE LOT Just seconds from Downtown Splendora off of FM 2090 and minutes from I-69. This lot can only be used for residential. The City of Splendora has been contacted and states that no manufactured homes are allowed. Existing manufactured homes are "Grandfathered in". Property does have city water and sewer ready to go. Everything you need to build your dream home is in place. It's just a matter of you putting it into action. Call today, for any interests.
| |||
Property Highlights
Exterior Details
Lot Features: 1 Up to 2 Acres
Lot Size Area: 2
Lot Size Units: Acres
Lot Size Acres: 2
Lot Size Square Feet: 87120
Lot Size Dimensions: 181 x 480 x 181 x 480
Financial Details
Tax Annual Amount: $2,303
Utilities Details
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
Beds
Baths
ft²
Price/ft²
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Asking Price
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Closing Price
Sold On
Sold On
HOA + Taxes
About Splendora
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Listed by: Manuel Osuna, AVILA REALTY
Last Updated: 2 months ago
Data Source: HAR , MLS# 60802296
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Last Updated: 2 months ago
Data Source: HAR , MLS# 60802296
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