$299,000 Last Listed Price
●
Land -
Off Market
31310 Waller Tomball Road
Waller, TX 77484
Studio
0 Bath
$304,209
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model
About This Property
EXCELLENT LOCATION! Just off Hwy 290 & FM 2920 next to bank,
apartments, retail, restaurants & schools. This lot offers great
potential for your business or residence. Just 200' off of FM 2920.
City utilities. 1940's home is in disrepair. Property being sold
as-is.
Unit Size
-
Days on Market
-
Land Size
0.94 acres
Price per sqft
-
Property Type
Land
Property Taxes
$293
HOA Dues
-
Year Built
1968
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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: 6 months ago (HAR #8654058)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 27, 2025 | Sold | ||
| Sold | |||
| Apr 17, 2025 | In contract | - | |
| In contract | |||
| Feb 25, 2025 | Price Decreased |
$350,000
↓ $20K
(5.4%) | |
| Price Decreased | |||
| Jul 18, 2024 | Listed by Keller Williams Signature | $370,000 | |
| Listed by Keller Williams Signature | |||
   | |||
|
Unrestricted land with electricity, water, sewer, and gas connections ready to hook up—this property is a fantastic investment opportunity! Whether you're looking to build offices and shops or create a food truck park, the options are limitless. Develop a tiny home village, a unique Airbnb retreat, or an RV park perfect for generating income. You could also open a garden store or storage facility or transform the space into an event venue for weddings and gatherings. Consider leasing sections for pop-up markets, seasonal festivals, or community gardens for even more creative investment. Located near schools, shops, and easy access to the highway, this land is the ideal spot to make your vision a reality. Check with the City of Waller permitting to ensure your ideas are possible!
| |||
| Jun 17, 2024 | Listed | $390,000 | |
| Listed | |||
| | |||
|
Unlimited possibilities await on this versatile property with access to city utilities including gas. Ideal for commercial, business, or residential development. Conveniently located near amenities such as a bank, supermarket, fast food restaurant, and school. This cleared lot is ready for your vision. Schedule a tour today and explore the potential of this prime location. Don't miss out - contact us to secure your future investment.
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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About Waller
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Listed by: Timothy Phelan, Waller County Land Co.
Last Updated: 6 months ago
Data Source: HAR , MLS# 8654058
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Last Updated: 6 months ago
Data Source: HAR , MLS# 8654058
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