$65,000 Last Listed Price
●
Land -
Off Market
423 County Road 3892 W
Cleveland, TX 77328
Studio
0 Bath
$400
Est. Monthly
About This Property
Beautiful level acreage outside the Cleveland city limits located
on a secluded dead-end road with water and electric available. This
1.08 ACRE Lot has been cleared and grubbed, unrestricted and ready
for development. Perfect opportunity to build your dream home in a
beautiful country setting minutes from town and all the amenities:
Valley Ranch Shopping Center, Grand Texas Water Park, 4minutes from
Downtown Cleveland, 30 minutes to The Woodlands via Hwy 105, 45
minutes to Downtown Houston, and 28 minutes from Bush IAH Airport.
Located in the Cleveland ISD. DONT MISS OUT ON THE OPPORTUNITY TO
OWN THIS UNRESTRICTED PIECE OF PROPERTY! PLUS this lot is not
located in the flood plain! Realtors, please see Realtor Remarks in
the MLS for showing instructions.
Unit Size
-
Days on Market
-
Land Size
1.10 acres
Price per sqft
-
Property Type
Land
Property Taxes
$81
HOA Dues
-
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: 6 months ago (HAR #30332110)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 12, 2025 | Listed | $75,000 | |
| Listed | |||
| | |||
|
Beautiful level acreage outside the Cleveland city limits located on a secluded dead-end road with water and electric available. This 1.08 ACRE Lot has been cleared and grubbed, unrestricted and ready for development. Perfect opportunity to build your dream home in a beautiful country setting minutes from town and all the amenities: Valley Ranch Shopping Center, Grand Texas Water Park, 4minutes from Downtown Cleveland, 30 minutes to The Woodlands via Hwy 105, 45 minutes to Downtown Houston, and 28 minutes from Bush IAH Airport. Located in the Cleveland ISD. DONT MISS OUT ON THE OPPORTUNITY TO OWN THIS UNRESTRICTED PIECE OF PROPERTY! PLUS this lot is not located in the flood plain! Realtors, please see Realtor Remarks in the MLS for showing instructions.
| |||
| Feb 7, 2024 | Sold | ||
| Sold | |||
| Dec 19, 2023 | Listed by Flat Fee Discount Realty | $65,000 | |
| Listed by Flat Fee Discount Realty | |||
| | |||
|
Beautiful level acreage outside the Cleveland city limits located on a secluded dead-end road with water and electric available. This 1.08 ACRE Lot has been cleared and grubbed, unrestricted and ready for development. Perfect opportunity to build your dream home in a beautiful country setting minutes from town and all the amenities: Valley Ranch Shopping Center, Grand Texas Water Park, 4minutes from Downtown Cleveland, 30 minutes to The Woodlands via Hwy 105, 45 minutes to Downtown Houston, and 28 minutes from Bush IAH Airport. Located in the Cleveland ISD. DONT MISS OUT ON THE OPPORTUNITY TO OWN THIS UNRESTRICTED PIECE OF PROPERTY! PLUS this lot is not located in the flood plain! Realtors, please see Realtor Remarks in the MLS for showing instructions.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
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HOA + Taxes
About Liberty
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Listed by: Dawn Faust, Flat Fee Discount Realty
Last Updated: 6 months ago
Data Source: HAR , MLS# 30332110
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Last Updated: 6 months ago
Data Source: HAR , MLS# 30332110
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