4535 Fallen Oaks Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 13, 2025 | Sold | ||
| Sold | |||
| May 31, 2025 | In contract | - | |
| In contract | |||
| May 13, 2025 | Listed by eXp Realty LLC | $85,000 | |
| Listed by eXp Realty LLC | |||
| |||
|
Embrace the future with this promising lot at 4535 Fallen Oaks Drive, Houston, TX 77091, an opportunity beckoning for visionaries and developers alike. Nestled at the strategic corner of Tidwell Rd and TC Jester Blvd, this 57-foot wide subdivision lot is prepped to house a 47-ft wide residence amidst a rapidly transforming landscape. This corner of Houston, witnessing sustained and swift development, presents an unrivaled investment poised for significant appreciation. Don't miss out on one of the last gems available for development so close to the city's core. This buildable lot offering significant potential in sought-after, qualified Opportunity Zone (OZ). This OZ asset provides a unique investment opportunity for an OZ investor with exclusive tax benefits including deferred taxes until 2027 and a step-up in basis to maximize returns with no tax on OZ appreciation. For accurate guidance on tax benefits, it's recommended to consult with a qualified tax professional
| |||
| Dec 7, 2024 | Price Decreased |
$85,000
↓ $5K
(5.6%) | |
| Price Decreased | |||
| Sep 13, 2024 | Price Decreased |
$90,000
↓ $3K
(2.7%) | |
| Price Decreased | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About North Houston
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,600 /mo
- 3 Beds
- 2 Baths
- 1,648 ft²
$2,700 /mo
- 3 Beds
- 3 Baths
- 1,836 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017