$895,000
●
Land -
For Sale
514 Darst Road
Beasley, TX 77417
Studio
0 Bath
$4,400
Est. Monthly
About This Property
This unrestricted property with no HOA is ideally located with easy
access to Highway 59 and offers excellent flexibility for future
use. The majority of the land is cleared and currently used as a
hay meadow, and it carries an agricultural exemption to help reduce
holding costs. The property is situated near a new 933-acre planned
subdivision currently under development off Highway 59, placing it
in a growing area with strong potential for residential or
commercial use (buyer to verify zoning and intended use).
Unit Size
-
Days on Market
-
Land Size
7.21 acres
Price per sqft
-
Property Type
Land
Property Taxes
$4
HOA Dues
-
Year Built
-
Listed By
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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 #51635078)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 1, 2026 | Listed by ROG Realty LLC | $895,000 | |
| Listed by ROG Realty LLC | |||
| Feb 26, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jan 14, 2026 | Listed by ROG Realty LLC | $895,000 | |
| Listed by ROG Realty LLC | |||
| | |||
|
This unrestricted property with no HOA is ideally located with easy access to Highway 59 and offers excellent flexibility for future use. The majority of the land is cleared and currently used as a hay meadow, and it carries an agricultural exemption to help reduce holding costs. The property is situated near a new 933-acre planned subdivision currently under development off Highway 59, placing it in a growing area with strong potential for residential or commercial use (buyer to verify zoning and intended use).
| |||
| Jul 20, 2023 | Sold | ||
| Sold | |||
| Feb 18, 2023 | Listed by RE/MAX Opportunities | $300,000 | |
| Listed by RE/MAX Opportunities | |||
| | |||
|
This property is in a good location. Easy access to get to 59. There is no restrictions or HOA. Lot has two culvert entrances. Has animal pins in the front of property. Majority of the property is cleared and is used as a hay meadow. Land has agricultural exemption Seller's state there is a 6-inch water well on property, condition is unknown. Property is located near New 933-acre planned subdivision off of 59 that is in progress. This property could be used potentially as commercial or residential.
| |||
Property Highlights
Exterior Details
Lot Features: Level, 5 Up to 10 Acres
Lot Size Area: 7.2116
Lot Size Units: Acres
Lot Size Acres: 7.2116
Lot Size Square Feet: 314137.296
Water Source: Well
Financial Details
Tax Annual Amount: $53
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
Beds
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HOA + Taxes
About Fort Bend
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Listed by: Owais Gopalani, ROG Realty LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 51635078
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Last Updated: 4 months ago
Data Source: HAR , MLS# 51635078
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