$249,500 Last Listed Price
●
Land -
Off Market
3 Little Torch
Hitchcock, TX 77563
Studio
0 Bath
$1,588
Est. Monthly
$82
HOA / Fees
About This Property
BAYFRONT located on a premier private street in the luxury coastal
waterfront gated community of Harborwalk. Unobstructed views of
West Galveston Bay & the Intracoastal Waterway & situated directly
on Harborwalks South Channel. This cul-de-sac homesite offers one
of the best private locations on the market with only 12 homesites
on the street along with two landscape reserves for added
waterfront views. Boat accommodations will allow up to a 38.78' boathouse providing enough space for a bay boat & jet skis/fish/ or
sun dock. No time frame to build & bring your own builder or
contact Carrie for a list of area builders. Community amenities
include a state of the art full service marina, yacht club & swim
center with a Flamingo Bar, ship's store with fresh deli, bait,
fuel, boat ramp, fish station, hike & bike trails, an upscale
community Lodge for your guests or events, the most excellent
fishing and bird watching. 42 miles to Houston, 28 to the Beltway &
12 miles to the Galveston Strand
Unit Size
-
Days on Market
-
Land Size
0.18 acres
Price per sqft
-
Property Type
Land
Property Taxes
$281
HOA Dues
$82
Year Built
-
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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: 5 months ago (HAR #95636301)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 17, 2025 | Sold | ||
| Sold | |||
| Jan 4, 2025 | In contract | - | |
| In contract | |||
| Jul 1, 2024 | Listed by XL Legacy International | $249,500 | |
| Listed by XL Legacy International | |||
| | |||
|
BAYFRONT located on a premier private street in the luxury coastal waterfront gated community of Harborwalk. Unobstructed views of West Galveston Bay & the Intracoastal Waterway & situated directly on Harborwalks South Channel. This cul-de-sac homesite offers one of the best private locations on the market with only 12 homesites on the street along with two landscape reserves for added waterfront views. Boat accommodations will allow up to a 38.78' boathouse providing enough space for a bay boat & jet skis/fish/ or sun dock. No time frame to build & bring your own builder or contact Carrie for a list of area builders. Community amenities include a state of the art full service marina, yacht club & swim center with a Flamingo Bar, ship's store with fresh deli, bait, fuel, boat ramp, fish station, hike & bike trails, an upscale community Lodge for your guests or events, the most excellent fishing and bird watching. 42 miles to Houston, 28 to the Beltway & 12 miles to the Galveston Strand
| |||
| Jun 30, 2022 | Listed | $299,500 | |
| Listed | |||
| | |||
|
BAYFRONT located on a premier private street in the luxury coastal waterfront gated community of Harborwalk. Unobstructed views of West Galveston Bay & the Intracoastal Waterway & situated directly on Harborwalks South Channel. This cul-de-sac homesite offers one of the best private locations on the market with only 12 homesites on the street along with two landscape reserves for added waterfront views. Boat accommodations will allow up to a 38.78' boathouse providing enough space for a bay boat & jet skis/fish/ or sun dock. No time frame to build & bring your own builder or contact Carrie for a list of area builders. Community amenities include a state of the art full service marina, yacht club & swim center with a Flamingo Bar, ship's store with fresh deli, bait, fuel, boat ramp, fish station, hike & bike trails, an upscale community Lodge for your guests or events, the most excellent fishing and bird watching. 42 miles to Houston, 28 to the Beltway & 12 miles to the Galveston Strand
| |||
Property Highlights
With View
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 Harborwalk
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Listed by: Carrie Blachford, XL Legacy International
Last Updated: 5 months ago
Data Source: HAR , MLS# 95636301
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Last Updated: 5 months ago
Data Source: HAR , MLS# 95636301
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