$45,000 Last Listed Price
●
Land -
Off Market
34 Road 5016
Cleveland, TX 77327
Studio
0 Bath
$324
Est. Monthly
$10
HOA / Fees
About This Property
Welcome to 34 Road 5016! RARE 1 ACRE OPPORTUNITY on a CUL-DE-SAC in
the Camino Real Subdivision, a great community to grow a family or
retire! The Camino Real subdivision broke ground in 2015, has easy
access to the interstate and is 45 minutes from Downtown Houston.
This subdivision features AT&T, Camino Real Property Owners
Association, Cleveland Independent School District, Entergy Energy,
Quadvest Sewer and Water, Recreation Areas. The land can be used to
build or place a modular/mobile home on this corner lot and live a
quiet private life. This property is tied to another lot that is
next to it and can be sold as a package deal for a total 1.1 acres
or they can be sold separately. The land has readily available
electricity, city water, internet access, low tax rate, low HOA.
Schedule your visit today!
Unit Size
-
Days on Market
-
Land Size
0.51 acres
Price per sqft
-
Property Type
Land
Property Taxes
$93
HOA Dues
$10
Year Built
-
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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 #30931826)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 26, 2025 | Sold | ||
| Sold | |||
| Dec 28, 2024 | Listed by eXp Realty LLC | $45,000 | |
| Listed by eXp Realty LLC | |||
| | |||
|
Welcome to 34 Road 5016! RARE 1 ACRE OPPORTUNITY on a CUL-DE-SAC in the Camino Real Subdivision, a great community to grow a family or retire! The Camino Real subdivision broke ground in 2015, has easy access to the interstate and is 45 minutes from Downtown Houston. This subdivision features AT&T, Camino Real Property Owners Association, Cleveland Independent School District, Entergy Energy, Quadvest Sewer and Water, Recreation Areas. The land can be used to build or place a modular/mobile home on this corner lot and live a quiet private life. This property is tied to another lot that is next to it and can be sold as a package deal for a total 1.1 acres or they can be sold separately. The land has readily available electricity, city water, internet access, low tax rate, low HOA. Schedule your visit today!
| |||
| Dec 6, 2024 | No longer available | - | |
| No longer available | |||
| May 29, 2024 | In contract | - | |
| In contract | |||
| Jan 23, 2024 | Price Decreased |
$45,000
↓ $16K
(26.2%) | |
| Price Decreased | |||
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About Liberty
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Listed by: Kendall Talley, eXp Realty LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 30931826
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Last Updated: 4 months ago
Data Source: HAR , MLS# 30931826
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