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Grimes
5252 Colorado Street
$45,000 Last Listed Price
● Land - Off Market

5252 Colorado Street

Richards, TX 77873
bedrooms
Studio
bathrooms
0 Bath
$45,784
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Unrestricted and cleared lot on almost a half-acre in the town of Richards with electricity and water available.  Across from the school, behind Haynie's General Store and minutes to the national forest. The lot is equipped for a manufactured home, RV or a new built home.  Go see any time!
Unit Size
-
Days on Market
-
Land Size
0.48 acres
Price per sqft
-
Property Type
Land
Property Taxes
$7
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 4 months ago (HAR #35835109)

Price History

Date / Event Date Event Price
Oct 4, 2023 Sold
Premium
Sold
Sep 14, 2023 Listed by Galveston First Realty $150,000
Listed by Galveston First Realty
Don't miss out on this property located in the quaint little town of Richards. It is .48 acres with a new manufactured 2 bedroom 2 bath home. The home features an open concept with joint living room kitchen layout. The primary bedroom has an ensuite bathroom with double vanity and walk in closet. Home has been beautifully skirted with cedar wood. Step out onto the nicely covered porches to view the spacious yard and the mature trees located on the property.
Apr 5, 2023 Sold
Premium
Sold
Dec 30, 2022 Listed by Fultz Realty, LLC $45,000
Listed by Fultz Realty, LLC

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,000
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: NEB RICHARDS
  • Land Acres: 0000000482
  • Standard Land Use Code: 8002
  • County Land Use Code: C3
  • State Land Use Code: C3
  • Legal Description 1: NEB RICHARDS, BLOCK 9, LOT 7 TRHU 9, & 1/2 OF ALLEY

Neighborhood

  • School District Name: Richards Independent School District
  • Census Tract: 694700

Geography

  • Account Number: 8015-009-0071
  • Parcel: R71673
  • Block: 9
  • Lot: 7
  • Municipality: RICHARDS
  • Latitude: 30.5385
  • Longitude: -95.8409

    Address

  • Full Address: 5252 Colorado St
  • Address - House Number: 5252
  • Address - Street Name: Colorado
  • Address - Suffix Type: St
  • State: TX
  • City Name: Richards
  • Carrier Code: R091
  • 4-Digit Zip Code: 2148
  • Zip Code: 77873

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,706
  • Tax Rate Code Area: SRI

    Market Valuation

  • Market Total Value: $5,250
  • Market Land Value: $5,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,250
  • Assessed Land Value: $5,250

    Sales

  • Current Sale Contract Date: Oct 04, 2023
  • Current Sale Recording Date: Oct 04, 2023
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 335857
  • Previous Sale Recording Date: Mar 24, 2023
  • Previous Sale Contract Date: Mar 24, 2023
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Grimes

Stats & Trends

Median Asking:

$380,000

Sale Price/ft²

$204

Below Asking

0.02%

Average Days on Market

77

Average Home Size

2205 ft²

Average Home Age

-

Currently For Sale

121 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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HAR

Listed by: YoLanda Fultz, Fultz Realty, LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 35835109
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Frequently Asked Questions

When was property at 5252 Colorado Street built and last sold?
The property at 5252 Colorado Street was built in and last sold on Oct 4, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 5252 Colorado Street is $151,489.
What are some comparable homes to 5252 Colorado Street?
There are currently no comparable homes to 5252 Colorado Street.
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