38
Map
$290,000 Last Listed Price
●
House -
Off Market
28914 Trinity River Drive
Spring, TX 77386
4 Beds
2 Baths
1,588 Ft²
$1,814
Est. Monthly
$42
HOA / Fees
8.26%
Cap Rate
About This Property
Incredible Value with an Ultra-Low 1.5% Tax Rate! This beautifully
maintained 3-bedroom + a flexible big office can easily serve as a
4th bedroom, it has a closet and window. Single-story home offers
modern updates and effortless living. With a newer roof (2024) and
air conditioner (2024), all Luxurious Vinil Flooring, enjoy minimal
maintenance. Step inside to an open floor plan featuring a spacious
island kitchen with white cabinetry, seamlessly flowing into the
living area with vaulted ceilings, perfect for entertaining. The
primary suite boasts a luxurious bath with a garden tub, separate
shower, and an oversized walk-in closet. The second and third
bedrooms also offer generous closets for ample storage. Outside,
the large backyard provides plenty of space to relax or play. Prime
location with easy access to the Exxon campus, Intercontinental
Airport, The Woodlands, and top-tier shopping and dining. Plus,
it's zoned to the highly acclaimed Conroe ISD with NO MUD taxes!
Unit Size
1,588 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$183
Property Type
House
Property Taxes
$348
HOA Dues
$42
Year Built
2007
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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 #51288528)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 23, 2025 | Sold | ||
| Sold | |||
| Apr 2, 2025 | In contract | - | |
| In contract | |||
| Feb 25, 2025 | Listed by Realty ONE Group, Experience | $290,000 | |
| Listed by Realty ONE Group, Experience | |||
| Nov 27, 2024 | No longer available | - | |
| No longer available | |||
| Oct 10, 2024 | Listed by Realty ONE Group, Experience | $300,000 | |
| Listed by Realty ONE Group, Experience | |||
| | |||
|
Attention Investors! Income-producing property w extremely low 1.5% tax rate (4,176 in 2023).This 3-bedroom plus a study, single-story home features a Roof 2024, and a 2024 air conditioner, offering low maintenance.Fabulous one story with 3 beds, 2 baths plus study that could be a 4th bedroom. Open floor plan with island kitchen, vaulted ceilings in living room, stunning master bath with garden tub and separate shower. Huge master walk in closet. With a newer Roof and A/C this home is ready for worry-free investment. Enjoy the open-concept living area + kitchen, which features white cabinets. Generous closets in the second and third bedrooms provide ample storage. This home offers easy commutes to the Exxon campus, Intercontinental Airport, The Woodlands, and top-tier shopping and dining. Zoned to the highly acclaimed Conroe ISD, and with no MUD taxes, this property is an incredible opportunity for investors!
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Creekside Village
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Listed by: Grace Carrera, Realty ONE Group, Experience
Last Updated: 4 months ago
Data Source: HAR , MLS# 51288528
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Last Updated: 4 months ago
Data Source: HAR , MLS# 51288528
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