$110,000 Last Listed Price
●
Land -
Off Market
5360 Horseshoe Drive
Anderson, TX 77830
Studio
0 Bath
$633
Est. Monthly
About This Property
Ready to escape the chaos of the city? Look no further! This
BEAUTIFUL 2 acre lot is located in Anderson, Texas inside the
lightly restricted neighborhood of Horseshoe Acres. Embrace the
freedom to build your dream home with light restrictions and no
HOA, allowing for the construction of barndominiums and metal
shops. Zoned to the highly desired Anderson-Shiro ISD! Whether you
envision a rustic retreat or a modern masterpiece, the canvas is
yours to shape. Benefit from a low tax rate, ensuring that your
investment remains not only fulfilling but also financially
sensible. Strategically positioned, this property provides easy
access to Bryan/College Station, Huntsville, Conroe, and North
Houston, offering a seamless blend of rural serenity and urban
convenience. Don't miss this extraordinary opportunity to create
the lifestyle you've always desired.
Unit Size
-
Days on Market
-
Land Size
2.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$92
HOA Dues
-
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 #24856729)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 16, 2024 | Sold | ||
| Sold | |||
| Mar 23, 2024 | In contract | - | |
| In contract | |||
| Mar 1, 2024 | Listed by Top Guns Realty on Lake Conroe | $110,000 | |
| Listed by Top Guns Realty on Lake Conroe | |||
| | |||
|
Ready to escape the chaos of the city? Look no further! This BEAUTIFUL 2 acre lot is located in Anderson, Texas inside the lightly restricted neighborhood of Horseshoe Acres. Embrace the freedom to build your dream home with light restrictions and no HOA, allowing for the construction of barndominiums and metal shops. Zoned to the highly desired Anderson-Shiro ISD! Whether you envision a rustic retreat or a modern masterpiece, the canvas is yours to shape. Benefit from a low tax rate, ensuring that your investment remains not only fulfilling but also financially sensible. Strategically positioned, this property provides easy access to Bryan/College Station, Huntsville, Conroe, and North Houston, offering a seamless blend of rural serenity and urban convenience. Don't miss this extraordinary opportunity to create the lifestyle you've always desired.
| |||
| Mar 23, 2020 | Sold | ||
| Sold | |||
| Sep 30, 2019 | Listed by Brazos Land Company | $60,000 | |
| Listed by Brazos Land Company | |||
| | |||
|
2 ACRE lot available in HORSESHOE ACRES. Country living located right outside of the quaint town Anderson TX. Short distance to Texas ATM, College Station and Huntsville. Perfect to build that barndominium you have been thinking about! Come build your dream home today! Welcome to drive through the area anytime. This lot for sale is lot #5.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Sold On
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HOA + Taxes
About Grimes
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Listed by: Evan Ballew, Top Guns Realty on Lake Conroe
Last Updated: 5 months ago
Data Source: HAR , MLS# 24856729
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Last Updated: 5 months ago
Data Source: HAR , MLS# 24856729
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