$120,000 Last Listed Price
●
Land -
Off Market
727 Olde Oak Drive
Dickinson, TX 77539
Studio
0 Bath
$694
Est. Monthly
$12
HOA / Fees
About This Property
Imagine building the home of your dreams on this Beautiful,
Waterfront Property. Overlooking the Peaceful and Serene Magnolia
Bayou, this Nearly 3/4 of an Acre Lot, Boasts large, mature wooded
trees sitting behind a vast, cleared area that is ready and waiting
to be built on. CALLING ALL NATURE LOVERS, Fishing and
Kayaking/Canoeing Enthusiasts, or Anyone looking to Relax & Unwind
Every Day without having to sacrifice the convenience of city life.
Here is your slice of Heaven on Earth! In a Rush? Your Next Home is
just 2 minutes from the freeway (I-45), 10 Minutes or less from
HEB, Tanger Outlets, Baybrook Mall, an abundant choice of
Restaurants, and so much more. Commuting to Downtown? Don't Worry,
at Just 32 Minutes, the Commute is Faster than Marbella, Tuscan
Lakes, or Hidden Lakes Subdivisions! Feeling Beachy? Galveston is
just 22 Minutes away! You really can have it all. This Hidden
Paradise is the Last Lot Available in the Established Sherwood
Forest West. Don't Sleep on this one!
Unit Size
-
Days on Market
-
Land Size
0.71 acres
Price per sqft
-
Property Type
Land
Property Taxes
$92
HOA Dues
$12
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 6 months ago (HAR #96618310)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 1, 2025 | Sold | ||
| Sold | |||
| Nov 6, 2025 | In contract | - | |
| In contract | |||
| Oct 23, 2025 | Price Decreased |
$114,990
↓ $10
(0%) | |
| Price Decreased | |||
| Aug 29, 2025 | Listed by RE/MAX Leading Edge | $115,000 | |
| Listed by RE/MAX Leading Edge | |||
   | |||
|
A LITTLE CITY, A LITTLE COUNTRY!!! This property has it all. Welcome to your slice of paradise—nearly 3/4 of an acre nestled along the tranquil, scenic shores of Magnolia Bayou. This unique property features a cleared, build-ready area framed by majestic, mature trees, offering the perfect balance of open space and natural beauty. Nature lovers, outdoor enthusiasts, and those seeking peace and privacy—this is your dream come true. Spend your days fishing, kayaking, or simply soaking in the serene views. And when it’s time to rejoin the world, you're just 2 minutes from I-45 and under 10 minutes from HEB, Tanger Outlets, Baybrook Mall, and an abundance of dining and shopping options. Whether you're seeking a quiet retreat or a forever home with unbeatable access to both nature and city conveniences—this property has it all. Aggressively priced to sell!!
| |||
| Apr 13, 2025 | Listed | $117,500 | |
| Listed | |||
| | |||
|
Imagine the possibilities on this exceptional almost 3/4 acre property, boasting serene water access and picturesque woodlands, where you can bring your dreams to life.
| |||
Show More
Property Highlights
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 Sherwood Forest West
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: David Rossel, World Wide Realty,LLC
Last Updated: 6 months ago
Data Source: HAR , MLS# 96618310
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.
Last Updated: 6 months ago
Data Source: HAR , MLS# 96618310
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017