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Waller 77447
27197 Tepee Trail
$199,000 Last Listed Price
● Mobile Manufactured - Off Market

27197 Tepee Trail

Hockley, TX 77447
bedrooms
Studio
bathrooms
0 Bath
$1,188
Est. Monthly

About This Property

Escape to this serene 2-acre property in Hockley, just 1 mile from Magnolia. Surrounded by majestic Oak trees and local wildlife, this land is perfect for building your dream home. This property is already cleared and has Water, Electricity, and Septic. Close to city amenities but still secluded, this is a rare find. Priced at land value only, this property is a blank canvas for your vision. Don't miss out on this peaceful retreat.
Unit Size
-
Days on Market
-
Land Size
2.00 acres
Price per sqft
-
Property Type
Mobile Manufactured
Property Taxes
$210
HOA Dues
-
Year Built
1994

Payment Calculator

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Cap Rate Calculator

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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 #45165426)

Price History

Date / Event Date Event Price
Nov 27, 2024 Sold
Premium
Sold
Oct 30, 2024 Listed by Wynne Real Estate, LLC $199,000
Listed by Wynne Real Estate, LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 2006
  • Building Count: 3
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 2,112
  • Gross Building Area: 2,112
  • Building Area: 2,112
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,112
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KICKAPOO HILLS 2
  • Land Acres: 0000002000
  • Standard Land Use Code: 1006
  • County Land Use Code: A2
  • State Land Use Code: A2
  • Mobile Home Indicator: T
  • Legal Description 1: S554200 KICKAPOO HILLS 2 BLK 1 LOT 6 ACRES 2. S# OC010515707A HUD# PFS0899130

Neighborhood

  • School District Name: Waller Independent School District
  • Census Tract: 680602

Geography

  • Subdivision Tract Number: 6
  • Parcel: 22611
  • Block: 1
  • Lot: 6
  • Municipality: HOCKLEY
  • Latitude: 30.175
  • Longitude: -95.8543

    Address

  • Full Address: 27197 Tepee Trl
  • Address - House Number: 27197
  • Address - Street Name: Tepee
  • Address - Suffix Type: Trl
  • State: TX
  • City Name: Hockley
  • Carrier Code: R001
  • 4-Digit Zip Code: 6347
  • Zip Code: 77447

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $252,374
  • Tax Rate Code Area: SWR

    Appraisal Valuation

  • Standard Deviation: 0.2026
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 257,359
  • High Value: 309,509
  • Low Value: 205,210

    Market Valuation

  • Market Total Value: $200,260
  • Market Land Value: $85,000
  • Market Improvement Value: $115,260

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $146,862

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Waller

Stats & Trends

Median Asking:

$354,700

Sale Price/ft²

$173

Below Asking

0.01%

Average Days on Market

69

Average Home Size

2470 ft²

Average Home Age

6.6 years

Currently For Sale

1070 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 29229 Sheffield Road, TX, 77447

$1,575 /mo

  • 2 Beds
  • 1 Bath
  • 1,391 ft²
29229 Sheffield Road, TX, 77447 Listing by Joe Williams

Rentals Near You

Click here to view more rentals in the neighborhood.
HAR

Listed by: Melissa Wynne Severa, Wynne Real Estate, LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 45165426
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Frequently Asked Questions

When was property at 27197 Tepee Trail built and last sold?
The property at 27197 Tepee Trail was built in 1994 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 27197 Tepee Trail is $200,990.
What are some comparable homes to 27197 Tepee Trail?
There are currently no comparable homes to 27197 Tepee Trail.
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