$150,000 Last Listed Price
●
House -
Off Market
34 Ranch Road
New Waverly, TX 77358
2 Beds
1 Bath,
1
Half Bath
800 Ft²
$737
Est. Monthly
About This Property
Quiet country living on 1.3 unrestricted acres just five minutes
from I-45 and 30 minutes from The Woodlands. Two-bedroom home
was placed on slab in 1989 and has never been moved. The home has
been well maintained and is in excellent condition. It has a
separate composition shingled roof above the home. Large front and
back porch. 4-bay open garage and two large sheds, all with lights
and power. Gated entry. Long paved driveway and parking pad.
Property has own water well. Primary bedroom has private bathroom
with shower. Secondary bedroom has full bathroom with tub that is
also accessible from the hallway. The kitchen features an eat-in
bar that is open to the living room. Separate dining and living
rooms. The property presents a rare opportunity to own a home in
such great condition, and a well-equipped property in an ideal
location, at an affordable price. 23 HP tractor, 16' trailer,
zero-turn mower, and upright freezer included with sale.
Unit Size
800 Ft²
Days on Market
-
Land Size
1.29 acres
Price per sqft
$188
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1987
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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: 4 months ago (HAR #4019380)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 23, 2025 | Sold | ||
| Sold | |||
| Dec 10, 2024 | In contract | - | |
| In contract | |||
| Nov 25, 2024 | Listed by eXp Realty LLC | $150,000 | |
| Listed by eXp Realty LLC | |||
| | |||
|
Quiet country living on 1.3 unrestricted acres just five minutes from I-45 and 30 minutes from The Woodlands. Two-bedroom home was placed on slab in 1989 and has never been moved. The home has been well maintained and is in excellent condition. It has a separate composition shingled roof above the home. Large front and back porch. 4-bay open garage and two large sheds, all with lights and power. Gated entry. Long paved driveway and parking pad. Property has own water well. Primary bedroom has private bathroom with shower. Secondary bedroom has full bathroom with tub that is also accessible from the hallway. The kitchen features an eat-in bar that is open to the living room. Separate dining and living rooms. The property presents a rare opportunity to own a home in such great condition, and a well-equipped property in an ideal location, at an affordable price. 23 HP tractor, 16' trailer, zero-turn mower, and upright freezer included with sale.
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Walker
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Listed by: Frank Gray, eXp Realty LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 4019380
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Last Updated: 4 months ago
Data Source: HAR , MLS# 4019380
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