4705 Glengarry Road
About This Property
Build your dream home or investment property on this beautiful nearly 1/2 acre lot with mature trees and fully fenced. Ideal for development with 20,000 sqft of space. Great opportunity for investors in a mixed residential and commercial neighborhood. Perfect for home-based businesses or live/work setup. Plenty of space for vehicles, Trucking Co, large structures, animals, or a garden. Located in Medical Center South, close to Med Center, Hobby airport, 288, and Downtown. Zoned to Houston ISD schools and near Frost Elementary. Room sizes and dimensions are approximate. Horses allowed, no HOA, never flooded.
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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 |
|---|---|---|---|
| Sep 25, 2026 | Price Decreased |
$169,888
↓ $30K
(15%) | |
| Price Decreased | |||
| Aug 18, 2026 | Price Decreased |
$199,888
↓ $12
(0%) | |
| Price Decreased | |||
| Aug 17, 2026 | Listed by Urban Loop Realty | $199,900 | |
| Listed by Urban Loop Realty | |||
| Jul 27, 2022 | Sold | ||
| Sold | |||
| Jul 11, 2022 | Listed by Brock & Foster Real Estate | $142,600 | |
| Listed by Brock & Foster Real Estate | |||
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Build your dream home or investment property on this beautiful nearly 1/2 acre property scattered with mature trees and fully-fenced on all sides. Priced at lot value but structure may be able to be salvaged. Value is in 20,000 square foot lot, ready for development. Fantastic opportunity for investors. Neighborhood is a mix of residential and commercial with newly built, wide streets and sidewalks. Ideal location for your home based business or live/work needs. Property can easily accommodate plenty of vehicles, a much larger structure and animals or even a garden! Located in Medical Center South; minutes from Med Center, Hobby airport, 288 and Downtown. Zoned to Houston ISD schools; approx 1/2mi to Frost Elementary. All room descriptions and measurements are estimates and cannot be verified due to NO ACCESS. Horses allowed. No HOA. Never flooded!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017