29
Map
$749,000
↓ $51K (6.4%)
●
Land -
For Sale
27587 S Lazy Meadow Way
Spring, TX 77386
Studio
0 Bath
$4,270
Est. Monthly
$131
HOA / Fees
About This Property
Stunning waterfront lot for you to build your dream home. Rare 1
acre water front lot available in the exclusive Benders Landing
Estates community. Benders Landing Estates amenities include
baseball and soccer fields, tennis and basketball courts, resort
style pool and splash pad, fitness center, clubhouse with meeting
and banquet rooms, playgrounds and parks, four large lakes for
fishing and miles of walking trails. Great community amenities
walking trail, parks, soccer field, baseball and tennis courts,
pool, club house, banquet room and much more! Easy access to Grand
Pkwy, Hardy Toll, i-45, The Woodlands, Bush Airport, close to Exxon
campus and just minutes from Downtown. Stunning waterfront lot
ready for you to build your dream home! One of the best benefits of
Benders Landing Estates is the low tax rate! Enjoy access to the
community ponds, club house, community pool, trails and parks!
(verify information independently).
Unit Size
-
Days on Market
-
Land Size
0.99 acres
Price per sqft
-
Property Type
Land
Property Taxes
$460
HOA Dues
$131
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 #21255864)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2026 | Price Decreased |
$749,000
↓ $51K
(6.4%) | |
| Price Decreased | |||
| May 12, 2026 | Listed by REALM Real Estate Professionals - North Houston | $799,990 | |
| Listed by REALM Real Estate Professionals - North Houston | |||
| Feb 24, 2025 | Listed | $625,000 | |
| Listed | |||
| | |||
|
Stunning waterfront lot ready for you to build your dream home. Rare 1 acre water front lot available in the exclusive Benders Landing Estates community. Benders Landing Estates amenities include baseball and soccer fields, tennis and basketball courts, resort style pool and splash pad, fitness center, clubhouse with meeting and banquet rooms, playgrounds and parks, four large lakes for fishing and miles of walking trails. Great community amenities walking trail, parks, soccer field, baseball and tennis courts, pool, club house, banquet room and much more! Easy access to Grand Pkwy, Hardy Toll, i-45, The Woodlands, Bush Airport, close to Exxon campus and just minutes from Downtown. Stunning waterfront lot ready for you to build your dream home! One of the best benefits of Benders Landing Estates is the low tax rate! Enjoy access to the community ponds, club house, community pool, trails and parks! (verify information independently).
| |||
Property Highlights
With View
Exterior Details
Waterfront Features: Lake Front
Lot Features: Waterfront, Subdivision, 1/2 Up to 1 Acre
Lot Size Area: 0.9938
Lot Size Units: Acres
Lot Size Acres: 0.9938
Lot Size Square Feet: 43289.928
Lot Size Dimensions: 151 x 295 x 147 x 300
Water Source: Other, Private, Public, Well, Water District
Financial Details
Tax Annual Amount: $5,525
Utilities Details
Sewer : Other, Public Sewer, Aerobic Required (not installed)
Location Details
HOA Fee: $1,575
HOA Fee Frequency: Annually
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 Benders Landing Estates
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Listed by: Naseem Ashraf, REALM Real Estate Professionals - North Houston
Last Updated: 2 months ago
Data Source: HAR , MLS# 21255864
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Last Updated: 2 months ago
Data Source: HAR , MLS# 21255864
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