27806 Summerton Drive
About This Property
Discover the perfect opportunity to build your dream home on this exceptional wooded lot, nestled in the heart of Benders Landing Estates, a highly sought-after community known for its luxurious surroundings and exceptional living experience. Surrounded by exquisite estate homes, this rare cul-de-sac location offers both privacy and tranquility. Unwind at the impressive clubhouse featuring a state-of-the-art fitness center, or cool off at the resort-style pool, splash pad, tennis courts, basketball court, and baseball field. This prime location offers unparalleled convenience. Shop, dine, and entertain just minutes away, with easy access to the Grand Parkway (99), The Woodlands, the Exxon-Mobil campus, I-45, IAH Airport, and the Hardy Toll Road. Plus, families will benefit from being zoned to the highly regarded Conroe Independent School District (CISD).
Low tax rate and no MUD tax.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 14, 2025 | Sold | ||
| Sold | |||
| Nov 4, 2025 | In contract | - | |
| In contract | |||
| Oct 16, 2025 | Listed by CB&A, Realtors | $445,000 | |
| Listed by CB&A, Realtors | |||
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This is a rare opportunity to own a 1.1-acre lot on a quiet cul-de-sac street in the most sought-after community of Benders Landing Estates! This homesite offers the perfect blend of privacy, space, and upscale living—surrounded by mature trees and luxury estates and ample room for a custom residence, pool, and more! The possibilities are truly endless. Enjoy exclusive community amenities such as clubhouse, fitness center, pool, sports fields, walking trails, and more. Easy access to Grand Parkway, I-45, and Exxon Campus. Zoned to top-rated Conroe ISD schools. No MUD tax! Don’t miss your chance to build the lifestyle you’ve been dreaming of!
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| Dec 27, 2024 | Sold | ||
| Sold | |||
| Nov 27, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017