13
Map
$60,000
↓ $10K (14.3%)
●
Land -
For Sale
7938 Record Street
Houston, TX 77028
Studio
0 Bath
$388
Est. Monthly
About This Property
Build ready lot with approved plans AND permits from the City of
Houston transferable upon close of escrow! ARV estimated at
$260,000. Full construction drawings for a well-designed two-story
home featuring 3 bedrooms, 2.1 bathrooms and a 1-car garage. Quick
access to downtown houston, medical center, U of H, midtown and
major employment sectors. 30x130 feet, utilities available,
architectural plans and permits - thousands in savings.
Unit Size
-
Days on Market
-
Land Size
0.09 acres
Price per sqft
-
Property Type
Land
Property Taxes
$93
HOA Dues
-
Year Built
-
Listed By
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: 12 days ago (HAR #63748441)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 26, 2026 | Price Decreased |
$60,000
↓ $10K
(14.3%) | |
| Price Decreased | |||
| May 5, 2026 | Listed by Collective Realty Co. | $70,000 | |
| Listed by Collective Realty Co. | |||
| Jun 6, 2025 | Sold | ||
| Sold | |||
| Mar 24, 2025 | Listed by eXp Realty LLC | $59,500 | |
| Listed by eXp Realty LLC | |||
   | |||
|
Build-Ready Lot with Approved Permit in Prime Houston Location!
Excellent opportunity to build in one of Houston’s fastest-growing neighborhoods! This shovel-ready lot comes with approved city permits and full construction drawings for a well-designed single-story home featuring 3 bedrooms, 2.5 baths, and a one-car garage — perfect for efficient, modern living.
Situated near Highway 610 and I-69, this property offers quick access to Downtown Houston, the Texas Medical Center, University of Houston, Midtown, and major employment centers. Whether you're a builder looking for your next project, an investor seeking long-term value, or a homebuyer wanting to build new, this lot is ready to go and full of potential
Lot Size: 30 x 130 ft
Utilities available
Approved permits and architectural plans included — saving you months of prep work
Located in a neighborhood undergoing significant development and appreciation
Ideal for custom builds, spec homes, or long-term rental investment
| |||
Property Highlights
Exterior Details
Lot Features: Cleared, Subdivision, 0 Up To 1/4 Acre
Lot Size Area: 0.0895
Lot Size Units: Acres
Lot Size Acres: 0.0895
Lot Size Square Feet: 3898.62
Water Source: Public
Financial Details
Tax Annual Amount: $1,119
Utilities Details
Sewer : Public Sewer
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 Northeast Houston
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Courtney Okanlomo, Collective Realty Co.
Last Updated: 12 days ago
Data Source: HAR , MLS# 63748441
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: 12 days ago
Data Source: HAR , MLS# 63748441
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017