$200,000 Last Listed Price
●
Land -
Off Market
409 Wagon Road
Wallis, TX 77485
Studio
0 Bath
$259,714
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model
About This Property
This property is what most people think of as Texas with open
skies, grasses swaying in the breeze, starry nights and where the
heart beats proudly. Wonderful Pecan Trees! It's Your Land
that you can Bring your HORSES. It's an UNRESTRICTED 5-acres! Build
that Custom Home that you always wanted! Surrounded by Stunning
Custom Homes! Don't miss your chance to own this 5-acre lot in
Simonton, TX! Perfect for an FFA project or horses! No HOA
Fees on the 5 acres and Very Low Tax Rate! 1 acre lies in the
Valley Lodge subdivision with restrictions and HOA dues.
Outstanding Schools for all Ages! Great Location minutes from Major
Highways! Make that call today!
Unit Size
-
Days on Market
-
Land Size
5.05 acres
Price per sqft
-
Property Type
Land
Property Taxes
$144
HOA Dues
-
Year Built
-
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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 #65537956)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 14, 2021 | Sold | ||
| Sold | |||
| Jul 22, 2020 | No longer available | - | |
| No longer available | |||
| Jul 12, 2020 | Listed by Keller Williams Signature | $200,000 | |
| Listed by Keller Williams Signature | |||
| | |||
|
This property is what most people think of as Texas with open skies, grasses swaying in the breeze, starry nights and where the heart beats proudly. Wonderful Pecan Trees! It's Your Land that you can Bring your HORSES. It's an UNRESTRICTED 5-acres! Build that Custom Home that you always wanted! Surrounded by Stunning Custom Homes! Don't miss your chance to own this 5-acre lot in Simonton, TX! Perfect for an FFA project or horses! No HOA Fees on the 5 acres and Very Low Tax Rate! 1 acre lies in the Valley Lodge subdivision with restrictions and HOA dues. Outstanding Schools for all Ages! Great Location minutes from Major Highways! Make that call today!
| |||
| Jun 1, 2020 | Listed by Keller Williams - Houston Metropolitan | $269,900 | |
| Listed by Keller Williams - Houston Metropolitan | |||
| | |||
|
Don't miss this large, 5.052 acre lot that is sprawling with trees and ready to be built on! Located in the Lamar Consolidated Independent School District with easy access to I10.
| |||
| Sep 7, 2019 | No longer available | - | |
| No longer available | |||
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About Fort Bend
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Listed by: Gayla Gayden, Keller Williams Signature
Last Updated: 4 months ago
Data Source: HAR , MLS# 65537956
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Last Updated: 4 months ago
Data Source: HAR , MLS# 65537956
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