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Galveston 77510 Foxfield Estates
8802 Michael Lane
$149,000 Last Listed Price
● Land - Off Market

8802 Michael Lane

Santa Fe, TX 77510
bedrooms
Studio
bathrooms
0 Bath
$158,072
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Rare opportunity for 2 cleared unrestricted acres (1.984 acres per county records) in Santa Fe. 240 ft frontage. Recently cleared. Many mature trees throughout. Electric service available. Existing well located on left side about a quarter of the way back, not sure of well condition. No current septic. Mobile homes and horses allowed.
Unit Size
-
Days on Market
-
Land Size
1.98 acres
Price per sqft
-
Property Type
Land
Property Taxes
$53
HOA Dues
-
Year Built
1970

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #28134866)

Price History

Date / Event Date Event Price
Dec 30, 2022 Sold
Premium
Sold
Sep 29, 2022 Listed by Dennie Hodge Real Estate $149,000
Listed by Dennie Hodge Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 4
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 86,424
  • Total Building Area: 600
  • Building Area: 600

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 600
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOXFIELD ESTATES (UNREC)
  • Land Acres: 0000001984
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: ABST 632 T T RR SUR LOTS 18 & 19 (18-1) FOXFIELD ESTATES UNRECORDED SUB

Neighborhood

  • School District Name: Santa Fe Independent School District
  • School Tax School District: S17
  • Census Tract: 723600

Geography

  • Assessors Map Reference: 327-A
  • Parcel: 3425-0000-0018-001
  • Lot: 18,19
  • Municipality: UNINCORPORATED AREA
  • Latitude: 29.3189
  • Longitude: -95.0743

    Address

  • Full Address: 8802 Michael Ln
  • Address - House Number: 8802
  • Address - Street Name: Michael
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Santa Fe
  • Carrier Code: R001
  • 4-Digit Zip Code: 8434
  • Zip Code: 77510

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $62,626
  • Initial Tax Delinquent Year: 2006
  • Tax Rate Code Area: S17

    Appraisal Valuation

  • Standard Deviation: 0.1914
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 74
  • Final Value: 69,114
  • High Value: 82,349
  • Low Value: 55,879

    Market Valuation

  • Market Total Value: $33,460
  • Market Land Value: $25,060
  • Market Improvement Value: $8,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,460
  • Assessed Land Value: $25,060
  • Assessed Improvements Value: $8,400

    Sales

  • Current Sale Contract Date: Dec 30, 2022
  • Current Sale Recording Date: Jan 02, 2023
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 62
  • Previous Sale Recording Date: Nov 10, 2021
  • Previous Sale Contract Date: Nov 08, 2021
  • Previous Sale Amount: $65,800
  • Previous Sale Document Type: 64
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Foxfield Estates

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 7803 Fm 2004, Hitchcock, TX, 77563

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,502 ft²
7803 Fm 2004, Hitchcock, TX, 77563 Listing by Kristi Wagner

Rentals Near You

Click here to view more rentals in the neighborhood.
HAR

Listed by: Mary Colten, Dennie Hodge Real Estate
Last Updated: 4 months ago
Data Source: HAR , MLS# 28134866
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.

Frequently Asked Questions

When was property at 8802 Michael Lane built and last sold?
The property at 8802 Michael Lane was built in 1970 and last sold on Dec 30, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 8802 Michael Lane is $150,490.
What are some comparable homes to 8802 Michael Lane?
There are currently no comparable homes to 8802 Michael Lane.
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