$299,000 Last Listed Price
●
Land -
Off Market
5411 Pinewood Meadows Lane
Spring, TX 77386
Studio
0 Bath
$339,425
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model
About This Property
Pocketed in the beautiful Bender's Landing Estates, this 1 acre lot
is perfect for building your dream home! Lot backs to other
neighbors on quaint street and does not touch Rayford. Lot is out
of special flood hazard areas. Tennis courts, pools, gym, baseball
fields, playground, and lake nearby are just a few of the offerings
in this picturesque neighborhood! Close to shopping, fine dining
and major highways making it easy for commuting or a night out with
family and friends. Fill this lot with your perfect home and let
your dreams come true today! Come Live the Lifestyle!
Unit Size
-
Days on Market
-
Land Size
1.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$184
HOA Dues
$104
Year Built
-
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Cap Rate Calculator
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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: 4 months ago (HAR #74659297)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2021 | Sold | ||
| Sold | |||
| Jun 22, 2021 | Listed by Compass Re Texas, LLC | $299,000 | |
| Listed by Compass Re Texas, LLC | |||
| | |||
|
Pocketed in the beautiful Bender's Landing Estates, this 1 acre lot is perfect for building your dream home! Lot backs to other neighbors on quaint street and does not touch Rayford. Lot is out of special flood hazard areas. Tennis courts, pools, gym, baseball fields, playground, and lake nearby are just a few of the offerings in this picturesque neighborhood! Close to shopping, fine dining and major highways making it easy for commuting or a night out with family and friends. Fill this lot with your perfect home and let your dreams come true today! Come Live the Lifestyle!
| |||
| Jul 20, 2020 | Sold | ||
| Sold | |||
| Jun 26, 2019 | Listed by Texas Home Group, REALTORS | $145,999 | |
| Listed by Texas Home Group, REALTORS | |||
| | |||
|
Beautiful and spacious (1) acre (lot size 43,604) unimproved lot sought after in Benders Landing Estates. Property is waiting to be cleared and ready to have your new dream home built. No MUD Taxes; Property has water meter installed within the last year; Survey available; Soil Tested; Tree Survey; Enjoy the amenities of the clubhouse, exercise facility, Jr. Olympic pool, play grounds, tennis courts, kids splash pad and sports fields. Excellent schools (CISD) and close-knit community.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Benders Landing Estates
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Michelle Marek, Compass Re Texas, LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 74659297
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Last Updated: 4 months ago
Data Source: HAR , MLS# 74659297
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