$249,000 Last Listed Price
●
Land -
Off Market
5515 Pine Wood Meadows Lane
Spring, TX 77386
Studio
0 Bath
$309,625
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
LOCATION LOCATION! Amazing LOT NOW AVAILABLE! It's ideal because it
is NOT located in any flood plain nor is it adjacent to a busy
road. The peaceful setting is within walking distance to the
Benders Landing Estates Park. Gorgeous trees with the ideal
shape & elevation to build your custom dream home! If you are
considering building in Benders Landing Estates, you won't want to
pass on this lot! Includes access to the community clubhouse, pool,
splashed, sports park (soccer, baseball, basketball, tennis,
playground, & more!). Zoned to the top Conroe ISD schools, this lot
offers easy access to Grand Parkway, I-45, I-59, IAH, The
Woodlands, & Downtown Houston. Call now to schedule your private
viewing!
Unit Size
-
Days on Market
-
Land Size
1.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$187
HOA Dues
$104
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: 4 months ago (HAR #64314303)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 24, 2022 | Sold | ||
| Sold | |||
| Dec 19, 2021 | Listed by CB&A, Realtors | $275,000 | |
| Listed by CB&A, Realtors | |||
| | |||
|
Location! Amazing lot located away from busy streets, road noise and had beautiful mature trees. Ideal dimensions and elevation ready for your custom home. Best of all, this lot is not located in the flood plain. Along with the wonderful amenities Benders has to offer, such as clubhouse, pool, sports park and lake, this community is located close by 99, 45, shopping, restaurants and so much more!
| |||
| Mar 19, 2021 | Sold | ||
| Sold | |||
| Feb 2, 2021 | Listed by Keller Williams Realty | $249,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
LOCATION LOCATION! Amazing LOT NOW AVAILABLE! It's ideal because it is NOT located in any flood plain nor is it adjacent to a busy road. The peaceful setting is within walking distance to the Benders Landing Estates Park. Gorgeous trees with the ideal shape & elevation to build your custom dream home! If you are considering building in Benders Landing Estates, you won't want to pass on this lot! Includes access to the community clubhouse, pool, splashed, sports park (soccer, baseball, basketball, tennis, playground, & more!). Zoned to the top Conroe ISD schools, this lot offers easy access to Grand Parkway, I-45, I-59, IAH, The Woodlands, & Downtown Houston. Call now to schedule your private viewing!
| |||
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
Sold On
HOA + Taxes
About Benders Landing Estates
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Listed by: Crysti Bellamy, Keller Williams Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 64314303
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Last Updated: 4 months ago
Data Source: HAR , MLS# 64314303
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