$31,000 Last Listed Price
●
Land -
Off Market
525 Mill Road
Angleton, TX 77515
Studio
0 Bath
$31,241
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
Awesome 1.06 acre lot on Mill Rd that backs up to Mill Creek in Bar
X Ranch! Perfect place to build your dream home. Neighborhood
offers concrete streets, 2 community pools, tennis courts,
basketball courts, 2 stocked lakes with boat ramps for fishing,
pavilions and picnic areas for recreation plus a Lakehouse and
Clubhouse offered to owners. Property is available to drive by and
look around. Feel Free to contact me with any questions
Unit Size
-
Days on Market
-
Land Size
1.06 acres
Price per sqft
-
Property Type
Land
Property Taxes
$17
HOA Dues
$33
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: 5 months ago (HAR #7787045)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 3, 2024 | No longer available | - | |
| No longer available | |||
| Apr 2, 2024 | Listed by Prompt Realty & Mortgage, Inc | $399,000 | |
| Listed by Prompt Realty & Mortgage, Inc | |||
| | |||
|
Exceptional 1.06 Acres waterfront parcel situated on Mill Rd within the prestigious Bar X Ranch community! An ideal location to construct your envisioned residence. The neighborhood boasts well-maintained concrete streets and a plethora of amenities including two community pools, tennis and basketball courts, two stocked lakes with convenient boat ramps for fishing enthusiasts, as well as pavilions and picnic spots for recreational activities. Additionally, owners have access to the Lakehouse and Clubhouse facilities. This property is accessible for drive-by viewing, allowing one to explore its surroundings. Note:- Images do not correspond to reality; they are conceptual or imaginary.
| |||
| May 31, 2022 | Sold | ||
| Sold | |||
| Apr 29, 2022 | Listed by Realty Associates | $31,000 | |
| Listed by Realty Associates | |||
| | |||
|
Awesome 1.06 acre lot on Mill Rd that backs up to Mill Creek in Bar X Ranch! Perfect place to build your dream home. Neighborhood offers concrete streets, 2 community pools, tennis courts, basketball courts, 2 stocked lakes with boat ramps for fishing, pavilions and picnic areas for recreation plus a Lakehouse and Clubhouse offered to owners. Property is available to drive by and look around. Feel Free to contact me with any questions
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Brazoria
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Rachel Chapnick, Realty Associates
Last Updated: 5 months ago
Data Source: HAR , MLS# 7787045
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Last Updated: 5 months ago
Data Source: HAR , MLS# 7787045
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