$440,000 Last Listed Price
●
Land -
Off Market
817 Jones Road
New Waverly, TX 77358
Studio
0 Bath
$2,163
Est. Monthly
About This Property
This beautiful property is 12.57 acres, it is primarily cleared and
open & composed of mixed native east Texas brush and trees. It's
located in a very desirable location on the northeast side of New
Waverly, TX with direct road frontage and its just 3 miles off
Interstate 45, 20 minutes North of from Conroe, TX. This property
has a gate on it with a partial driveway on the northeast corner
that crosses into the neighboring property, it is fenced already on
3 sides with multiple building sites ready to go.
Unit Size
-
Days on Market
-
Land Size
12.57 acres
Price per sqft
-
Property Type
Land
Property Taxes
$2
HOA Dues
-
Year Built
1976
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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: 5 months ago (HAR #75405903)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 13, 2024 | Sold | ||
| Sold | |||
| Apr 12, 2024 | Listed by CB&A, Realtors | $440,000 | |
| Listed by CB&A, Realtors | |||
| | |||
|
This beautiful property is 12.57 acres, it is primarily cleared and open & composed of mixed native east Texas brush and trees. It's located in a very desirable location on the northeast side of New Waverly, TX with direct road frontage and its just 3 miles off Interstate 45, 20 minutes North of from Conroe, TX. This property has a gate on it with a partial driveway on the northeast corner that crosses into the neighboring property, it is fenced already on 3 sides with multiple building sites ready to go.
| |||
| Jun 15, 2023 | Listed by CB&A, Realtors | $450,000 | |
| Listed by CB&A, Realtors | |||
| | |||
|
This beautiful property is 12.57 acres, it is primarily cleared and open & composed of mixed native east Texas brush and trees. It's located in a very desirable location on the northeast side of New Waverly, TX with direct road frontage and its just 3 miles off Interstate 45, 20 minutes North of from Conroe, TX. This property has a gate on it with a partial driveway on the northeast corner that crosses into the neighboring property, it is fenced already on 3 sides with multiple building sites ready to go.
| |||
| Jun 3, 2021 | Sold | ||
| Sold | |||
| Jul 3, 2020 | Listed by CB&A, Realtors | $290,000 | |
| Listed by CB&A, Realtors | |||
| | |||
|
Come and see what 12+ acres of beautiful country property has to offer! This rare find in New Waverly is just what you have been waiting for. This is a blank canvas waiting for you to come and build your dream home or whatever else your heart desires. This is a one of a kind deal! Don't wait, this one will NOT last long! Property line runs so none of the buildings are on this property. ** Please beware of dogs on property. Sometimes territorial and may run you off!
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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About Walker
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Listed by: Trevin Oberkrom, CB&A, Realtors
Last Updated: 5 months ago
Data Source: HAR , MLS# 75405903
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Last Updated: 5 months ago
Data Source: HAR , MLS# 75405903
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