$525,000
●
House -
For Sale
8537 Rannie Road
Houston, TX 77080
3 Beds
1 Bath
1,562 Ft²
$3,326
Est. Monthly
About This Property
Rare Spring Branch land opportunity on a three-parcel lot totaling
35,820 SF/.822 acre in Wilson Court. Offered for lot value, 8537
Rannie Road delivers wide frontage, open land, flexible access,
existing public water/sewer, concrete street frontage, curbs, and
exceptional utility for buyers seeking parking, storage, builder
use, investment, future development, or potential
commercial-adjacent use, subject to buyer verification, deed
restrictions, permitting, and applicable regulations. The property
includes an existing 1-story structure, detached garage/workshop
area, mature trees, fencing, and expansive open yard space. Located
near Bingle Rd and US-290 with surrounding residential, commercial,
athletic, and industrial-area context visible in aerials. Home and
improvements are sold strictly as-is; seller will make no repairs.
Exterior/lot showings via ShowingTime. Interior access requires
24-hour notice, seller approval, listing agent accompaniment, and
POF/pre-approval.
Unit Size
1,562 Ft²
Days on Market
-
Land Size
0.82 acres
Price per sqft
$336
Property Type
House
Property Taxes
$747
HOA Dues
-
Year Built
1976
Listed By
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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: 20 days ago (HAR #62220036)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 8, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 7, 2026 | Listed by Compass RE Texas, LLC - Houston | $525,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| Aug 22, 2026 | Price Decreased |
$529,000
↓ $30K
(5.4%) | |
| Price Decreased | |||
| Jul 31, 2026 | Price Decreased |
$559,000
↓ $30K
(5.1%) | |
| Price Decreased | |||
| Jun 13, 2026 | Listed by Compass RE Texas, LLC - Houston | $589,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
   | |||
|
Rare Spring Branch land opportunity on a three-parcel lot totaling 35,820 SF/.822 acre in Wilson Court. Offered for lot value, 8537 Rannie Road delivers wide frontage, open land, flexible access, existing public water/sewer, concrete street frontage, curbs, and exceptional utility for buyers seeking parking, storage, builder use, investment, future development, or potential commercial-adjacent use, subject to buyer verification, deed restrictions, permitting, and applicable regulations. The property includes an existing 1-story structure, detached garage/workshop area, mature trees, fencing, and expansive open yard space. Located near Bingle Rd and US-290 with surrounding residential, commercial, athletic, and industrial-area context visible in aerials. Home and improvements are sold strictly as-is; seller will make no repairs. Exterior/lot showings via ShowingTime. Interior access requires 24-hour notice, seller approval, listing agent accompaniment, and POF/pre-approval.
| |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Detached
Garage Spaces: 2
Interior Details
Full Bathrooms: 1
Interior Features: All Bedrooms Down, Primary Bed - 1st Floor
Appliances: Gas Oven, Gas Range
Flooring Type: Tile
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Exterior Details
Square Footage: 1562
Architectural Style: Traditional
Year Built: 1976
Building Area Total: 1562
Construction Materials: Brick, Cement Siding
Lot Features: Subdivided, 1/2 Up to 1 Acre
Lot Size Area: 0.8223
Lot Size Units: Acres
Lot Size Acres: 0.8223
Lot Size Square Feet: 35819.388
Water Source: Public
Financial Details
Tax Annual Amount: $8,968
Utilities Details
Cooling Type: Ceiling Fan(s), Window Unit(s)
Heating Type: Natural Gas
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 Northwest Houston
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Listed by: Angelica Fatany, Compass RE Texas, LLC - Houston
Last Updated: 20 days ago
Data Source: HAR , MLS# 62220036
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Last Updated: 20 days ago
Data Source: HAR , MLS# 62220036
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