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Grimes 77868
32051 Strathmore Road
$300,000
● Land - Off Market

32051 Strathmore Road

Waller, TX 77484
bedrooms
Studio
bathrooms
0 Bath
$316,590
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Almost 10 acre tract and small 1064 SF home on land that could be torn down or remodeled. Beautiful setting and tucked back in the neighborhood for privacy. There is a stocked pond on the property, plenty of trees and a chicken coupe! Seller: Michelle Carrasco, Receiver
Unit Size
-
Days on Market
-
Land Size
9.90 acres
Price per sqft
-
Property Type
Land
Property Taxes
$351
HOA Dues
-
Year Built
2003

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 3 years ago (NTREIS #20115218)

Price History

Date / Event Date Event Price
Nov 10, 2022 No longer available -
No longer available
Nov 2, 2022 Sold
Premium
Sold
Oct 14, 2022 In contract -
In contract
Oct 1, 2022 No longer available -
No longer available
Sep 8, 2022 Listed by Century 21 Mike Bowman, Inc. $300,000
Listed by Century 21 Mike Bowman, Inc.
Almost 10 acre tract and small 1064 SF home on land that could be torn down or remodeled. Beautiful setting and tucked back in the neighborhood for privacy. There is a stocked pond on the property, plenty of trees and a chicken coupe! Seller: Michelle Carrasco, Receiver
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2004
  • Building Count: 3
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 400
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 431,244
  • Total Building Area: 1,064
  • Gross Building Area: 1,064
  • Building Area: 1,064
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,064
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DICKENS
  • Land Acres: 0000009900
  • Standard Land Use Code: 1008
  • County Land Use Code: E
  • State Land Use Code: E
  • Legal Description 1: S460000 DICKENS LOT 20D (MAP TR 20-3) ACRES 9.9 P/O 10.00 AC, BAL IN GRIMES CO

Neighborhood

  • School District Name: Waller Independent School District
  • Census Tract: 180102

Geography

  • Subdivision Tract Number: 20-3
  • Parcel: 18845
  • Lot: 20D
  • Municipality: WALLER
  • Latitude: 30.2386
  • Longitude: -95.9142

    Address

  • Full Address: 32051 Strathmore Rd
  • Address - House Number: 32051
  • Address - Street Name: Strathmore
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Waller
  • Carrier Code: R002
  • 4-Digit Zip Code: 4039
  • Zip Code: 77484

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $634,879
  • Initial Tax Delinquent Year: 2018
  • Tax Rate Code Area: SWR

    Appraisal Valuation

  • Standard Deviation: 0.2224
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 365,996
  • High Value: 447,420
  • Low Value: 284,573

    Market Valuation

  • Market Total Value: $369,450
  • Market Land Value: $221,760
  • Market Improvement Value: $147,690

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $369,450
  • Assessed Land Value: $221,760
  • Assessed Improvements Value: $147,690

    Sales

  • Current Sale Contract Date: Nov 03, 2022
  • Current Sale Recording Date: Nov 04, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 14422

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Grimes

Stats & Trends

Median Asking:

$425,000

Sale Price/ft²

$212

Below Asking

0.02%

Average Days on Market

75

Average Home Size

2305 ft²

Average Home Age

-

Currently For Sale

126 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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NTREIS

Listed by: Michelle Carrasco, Century 21 Mike Bowman, Inc.
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20115218
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 32051 Strathmore Road built and last sold?
The property at 32051 Strathmore Road was built in 2003 and last sold on Nov 3, 2022 for $299,250.
How much is this home worth?
The estimated value of the home located at 32051 Strathmore Road is $303,000.
What are some comparable homes to 32051 Strathmore Road?
There are currently no comparable homes to 32051 Strathmore Road.
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