318 Elk Drive
About This Property
With very few restrictions, this property offers flexibility to bring your vision to life. Whether you're planning your forever home, a weekend retreat, or looking for land to invest in, this lot offers a wonderful opportunity to create something special.
Enjoy the beauty of nature, the privacy of a wooded setting, and the peace and quiet you've been looking for, all while being part of the Crosby community.
Property Highlights:
11,640 sqft lot
Located in Happy Hide Away subdivision, Crosby, TX
Ideal opportunity to build your dream home
Surrounded by mature trees and natural beauty
Very few restrictions
Peaceful, quiet setting
Listed By
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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 |
|---|---|---|---|
| Oct 14, 2026 | Listed by Century 21 Garlington & Assoc. | $54,990 | |
| Listed by Century 21 Garlington & Assoc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017