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3624 Corder Street
About This Property
This lot is surrounded by new developments on all sides and nearby streets. A super opportunity for investors and builders to start building immediately without waiting!
The listing includes an existing survey and City of Houston–approved building plans, allowing you to begin construction on your dream home right away. The approved design features a two-story home with 4 bedrooms, 3.5 baths, and a two-car garage.
This property is adjacent to 3623 Nathaniel Brown Street (MLS #94390820), which also comes with approved plans for a DUPLEX-an ideal option for investors looking to acquire both.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 20, 2025 | Sold | ||
| Sold | |||
| Nov 6, 2025 | In contract | - | |
| In contract | |||
| Oct 13, 2025 | Listed by Walzel Properties - Corporate Office | $95,000 | |
| Listed by Walzel Properties - Corporate Office | |||
Property Highlights
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About Southeast Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017