$1,390,000 Last Listed Price
●
Land -
Off Market
74 Mediterra Way
Spring, TX 77389
Studio
0 Bath
$1,384,829
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
Nestled within the prestigious & sophisticated enclave of Carlton
Woods Creekside, 74 Mediterra presents an extraordinary opportunity
to craft your dream estate amidst the natural beauty. This
expansive lot spans across almost an acre, offering a sprawling
canvas to bring your architectural vision to life while overlooking
the lake and the 12th hole of the Fazio Course. With its generous
dimensions, N/S sun orientation, 159ft of lakefront, 201ft of green
space, and a potential build between 4000-9500 sqft home, this lot
provides ample space whether your vision leans towards a
Mediterranean villa, a contemporary masterpiece, or a classic
estate, the possibilities are as limitless as your imagination and
unique personality. 24-hour manned gated community, impeccably
manicured walking paths, lush landscapes, tennis and basketball
courts, playgrounds, splash pads, and gazebos offer you the luxury
of a community that values elegance, privacy, and sophistication.
Unit Size
-
Days on Market
-
Land Size
0.87 acres
Price per sqft
-
Property Type
Land
Property Taxes
$1,897
HOA Dues
$396
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 #85730382)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 17, 2023 | Sold | ||
| Sold | |||
| Sep 6, 2023 | Listed by CB&A, Realtors | $1,390,000 | |
| Listed by CB&A, Realtors | |||
| | |||
|
Nestled within the prestigious & sophisticated enclave of Carlton Woods Creekside, 74 Mediterra presents an extraordinary opportunity to craft your dream estate amidst the natural beauty. This expansive lot spans across almost an acre, offering a sprawling canvas to bring your architectural vision to life while overlooking the lake and the 12th hole of the Fazio Course. With its generous dimensions, N/S sun orientation, 159ft of lakefront, 201ft of green space, and a potential build between 4000-9500 sqft home, this lot provides ample space whether your vision leans towards a Mediterranean villa, a contemporary masterpiece, or a classic estate, the possibilities are as limitless as your imagination and unique personality. 24-hour manned gated community, impeccably manicured walking paths, lush landscapes, tennis and basketball courts, playgrounds, splash pads, and gazebos offer you the luxury of a community that values elegance, privacy, and sophistication.
| |||
| May 28, 2021 | Sold | ||
| Sold | |||
| Jul 7, 2020 | Listed by Walzel Properties | $915,000 | |
| Listed by Walzel Properties | |||
| | |||
|
After driving along the impressive Fazio Way, you’ll find almost an acre of unblemished space for your future custom home overlooking a lake and the 12th hole of the Fazio Course. With N/S exposure, 159 ft of lakefront, 201ft of greenspace along the west side of the future home, this lot’s versatility & value is immeasurable. With a potential build between 4000-9500 sqft, this lot will suite various styles. Choose your own builder. Sample floor plans available to show what can fit on the lot. This gated community has a 24-hour manned gate to assure residents' privacy & security. The walking trails, abundant landscaping, and the well-maintained common areas enhance the value in purchasing in this haven of high-class and favored living.Enjoy tennis courts, a basketball court, playgrounds, splash pad, and quiet gazebos throughout this elegant community.
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Property Highlights
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
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Price/ft²
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Asking Price
Listed On
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Sold On
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HOA + Taxes
About The Woodlands
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Listed by: Dominique Guinand-Vargas, CB&A, Realtors
Last Updated: 4 months ago
Data Source: HAR , MLS# 85730382
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Last Updated: 4 months ago
Data Source: HAR , MLS# 85730382
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