29921 Waller Spring Creek Road
About This Property
This lot is also ideal for self-employed contractors that need space to grow their business and place a metal building to store working tools, equipment, parking space for working trucks, hauling trailers and RV storage.
It can be commercial, residential or both. It's a secluded, private and quiet lot with some mature oak trees. This lot offers many possibilities with no restrictions. Bring your creativity and imagination! Located in a fast-growing area with new homes being built on the other side of the road. Waller ISD, schools located just down the road. Great location with easy access to Hwy. 290 and Fm 2920. Close to Daikin Complex and withing 15-20 mins to Cypress marketing area, outlet stores and restaurants.
Call today to schedule a private viewing!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 24, 2026 | Sold | ||
| Sold | |||
| Aug 14, 2026 | In contract | - | |
| In contract | |||
| Jul 30, 2026 | Price Decreased |
$475,000
↓ $15K
(3.1%) | |
| Price Decreased | |||
| May 7, 2026 | Relisted | $490,000 | |
| Relisted | |||
| Apr 30, 2026 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017