$379,000 Last Listed Price
●
House -
Off Market
715 Burney Road
Sugar Land, TX 77498
3 Beds
1 Bath,
1
Half Bath
1,104 Ft²
$396,004
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model
About This Property
Historic Sugar Land over 1/2 ACRE with WATERFRONT living! Walk
along MAJESTIC tree-lined streets to Constellation Field, the
Weekly Farmers Market at Imperial, Fort Bend Children's Discovery
Center & MORE! Situated just 5 minutes from Sugar Land's
NEWEST & most PRESTIGIOUS development, "IMPERIAL". This property is
a perfectly situated PRIME & RARE development opportunity in OLD
Sugar Land with over 165 feet of OYSTER Creek waterway frontage for
a green space view like no other, just outside your back door! One
of the VERY LAST opportunities of its kind! Enjoy a steaming cup of
coffee in the mornings while watching nature unfold on the water as
the morning mist burns off. Fishing, Kayaking, Birdwatching & more!
Renovate & Remodel to your taste or Plan that NEW CUSTOM HOME
BUILD! Current home features about 1200 SF living space, 3 bed 1.5
bath with oversized workshop & garage. PROMINENT Front entrance &
Circle Drive. Home has never flooded,NOT in the floodplain, NO HOA.
Unit Size
1,104 Ft²
Days on Market
-
Land Size
0.62 acres
Price per sqft
$343
Property Type
House
Property Taxes
$341
HOA Dues
-
Year Built
1960
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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 #98805567)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Sep 19, 2024 | In contract | - | |
| In contract | |||
| Jul 17, 2024 | No longer available | - | |
| No longer available | |||
| Jul 16, 2024 | Listed by WFI Mangement, LLC | $465,000 | |
| Listed by WFI Mangement, LLC | |||
| | |||
|
A remarkable opportunity for waterfront living in Historic Sugar Land. Its proximity to various amenities and attractions adds to its appeal. The large lot size, waterfront location, and lack of HOA make it a unique and desirable piece of real estate. With over 1/2 an acre of land and 165 feet of Oyster Creek waterway frontage, the property offers the potential for stunning views and various outdoor activities such as fishing, kayaking, and birdwatching. The ability to build a custom home adds flexibility for potential buyers to create their dream living space. The charm of the neighborhood, with its Mature trees and nearby attractions like Constellation Field, Children’s Museum at Imperial. It also highlights the property's resilience to flooding, home has never Flooded! This property is to be a rare find in Old Sugar Land, offering a peaceful waterfront oasis.
| |||
| Jun 6, 2024 | Price Decreased |
$469,000
↓ $30K
(6%) | |
| Price Decreased | |||
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About Sugar Land
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Robbie Jansky, Keller Williams Realty -SW
Last Updated: 5 months ago
Data Source: HAR , MLS# 98805567
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Last Updated: 5 months ago
Data Source: HAR , MLS# 98805567
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