$199,900 Last Listed Price
●
Land -
Off Market
402 Saddle And Surrey Lane
Conroe, TX 77385
Studio
0 Bath
$199,156
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
A Beautiful 2.42 Acre Residential Lot With Utilities Available At
The Street In Ideally Located Riverbrook-Forest Hills; This Former
Homesite Offers Lots Of Mature Trees At The Street And Then Again
Along The Private Greenbelt In The Back; The Lot Is Quick To I-45,
SH242, The Hardy Toll Road, And The Grand Parkway; Tons Of Retail,
Restaurants, And Medical Are Close By; The Middle Portion Of The
Lot Is Already Cleared For A Homestead And The Property Has Never
Flooded To The Owner's Knowledge; Beyond The Heavily Wooded
Greenbelt In The Back, The Lot Backs Up To Residential Homes That
Are Part Of The Woodlands Harper's Landing Neighborhood; It's A
Very Quiet And Peaceful Location; This Property Is A Wonderful
Family Home Site Just Waiting For The Construction Of Your Dream
Home!
Unit Size
-
Days on Market
-
Land Size
2.42 acres
Price per sqft
-
Property Type
Land
Property Taxes
$268
HOA Dues
$29
Year Built
1970
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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 #7110373)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 26, 2023 | Sold | ||
| Sold | |||
| May 26, 2023 | Listed by Keller Williams Woodlands | $199,900 | |
| Listed by Keller Williams Woodlands | |||
| | |||
|
A Beautiful 2.42 Acre Residential Lot With Utilities Available At The Street In Ideally Located Riverbrook-Forest Hills; This Former Homesite Offers Lots Of Mature Trees At The Street And Then Again Along The Private Greenbelt In The Back; The Lot Is Quick To I-45, SH242, The Hardy Toll Road, And The Grand Parkway; Tons Of Retail, Restaurants, And Medical Are Close By; The Middle Portion Of The Lot Is Already Cleared For A Homestead And The Property Has Never Flooded To The Owner's Knowledge; Beyond The Heavily Wooded Greenbelt In The Back, The Lot Backs Up To Residential Homes That Are Part Of The Woodlands Harper's Landing Neighborhood; It's A Very Quiet And Peaceful Location; This Property Is A Wonderful Family Home Site Just Waiting For The Construction Of Your Dream Home!
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Riverbrook
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Listed by: Steve Welkie, Keller Williams Woodlands
Last Updated: 4 months ago
Data Source: HAR , MLS# 7110373
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Last Updated: 4 months ago
Data Source: HAR , MLS# 7110373
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