14
Map
862 Granville Drive
About This Property
With significant development activity happening throughout the 77091 corridor, this oversized lot presents an excellent opportunity for builders, investors, or buyers looking to design and build their custom home. Public utilities available in the area.
Buyer to verify all building requirements, restrictions, and utility connections.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 2, 2026 | Sold | ||
| Sold | |||
| May 8, 2026 | In contract | - | |
| In contract | |||
| Mar 24, 2026 | Price Decreased |
$129,000
↓ $10K
(7.2%) | |
| Price Decreased | |||
| Mar 13, 2026 | Listed by Compass RE Texas, LLC - The Heights | $139,000 | |
| Listed by Compass RE Texas, LLC - The Heights | |||
| Feb 21, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017