$695,000 Last Listed Price
●
House -
Off Market
26619 Oak Ridge Drive
Spring, TX 77380
5 Beds
3 Baths,
1
Half Bath
3,202 Ft²
$795,387
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
PRIME LOCATION! This property is located in an unrestricted
area near The Woodlands Mall, and close to the ExxonMobil Campus!!
0.55 acres less than 1/2 block from I-45 feeder road with
easy access to the freeway. Home was most recently used as a
corporate office. Large conference room upstairs with nearby
executive office and a very nice secure outbuilding behind the
garage that was used for file storage. Detached garage has been
fully insulated and beautifully converted into an additional office
area with nice tile flooring and finished interior. Extra storage
shed in the backyard as well! The large main house has plenty
of space throughout and the expansive grounds are nicely landscaped
and well-maintained. This property has huge potential and is
perfectly located in a thriving commercial area in The Woodlands!!
Unit Size
3,202 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$217
Property Type
House
Property Taxes
$795
HOA Dues
-
Year Built
1967
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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: 4 months ago (HAR #35967821)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 13, 2021 | Sold | ||
| Sold | |||
| Jan 25, 2021 | Listed by Compass RE Texas, LLC Memorial | $695,000 | |
| Listed by Compass RE Texas, LLC Memorial | |||
| | |||
|
PRIME LOCATION! This property is located in an unrestricted area near The Woodlands Mall, and close to the ExxonMobil Campus!! 0.55 acres less than 1/2 block from I-45 feeder road with easy access to the freeway. Home was most recently used as a corporate office. Large conference room upstairs with nearby executive office and a very nice secure outbuilding behind the garage that was used for file storage. Detached garage has been fully insulated and beautifully converted into an additional office area with nice tile flooring and finished interior. Extra storage shed in the backyard as well! The large main house has plenty of space throughout and the expansive grounds are nicely landscaped and well-maintained. This property has huge potential and is perfectly located in a thriving commercial area in The Woodlands!!
| |||
Property Highlights
Fireplace
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
Sold On
HOA + Taxes
About The Woodlands
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Cortney Cole-Hall, Compass RE Texas, LLC Memorial
Last Updated: 4 months ago
Data Source: HAR , MLS# 35967821
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Last Updated: 4 months ago
Data Source: HAR , MLS# 35967821
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