$360,000
↓ $29K (7.5%)
●
House -
For Sale
8879 Bailey Road
Pearland, TX 77578
3 Beds
1 Bath
1,560 Ft²
$2,030
Est. Monthly
About This Property
Tons of options with this property. Just off of Hwy 288 and
down the road from Hwy 35, this 1.6 acre lot waits for you to use
your imagination and creativity. It has been a residence for
years and sits next to commercial property. Zoned SR15 in the City
of Pearland. Rapidly developing area with commercial, retail and
homes all around. The property needs some clean up and is valued at
lot value only. It includes improvements such as electricity and an
on-site septic system. Water is supplied by a shared water well.
Build your dream house. Offers mature, beautiful oak trees with
sprawling limbs and crepe myrtle trees that add value and charm.
Use your vision to create something beautiful. Survey shows
206' of road frontage on Bailey Rd. Showings by appointment
only. This is an Estate Sale. Buyer is to do their due diligence
and verify all information and zoning with the city of Pearland,
Brazoria County etc. Call today!
Unit Size
1,560 Ft²
Days on Market
-
Land Size
1.60 acres
Price per sqft
$231
Property Type
House
Property Taxes
$262
HOA Dues
-
Year Built
-
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: 2 months ago (HAR #37505708)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 21, 2026 | Price Decreased |
$360,000
↓ $29K
(7.5%) | |
| Price Decreased | |||
| Jun 4, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 4, 2026 | Listed by UTR TEXAS, REALTORS | $389,000 | |
| Listed by UTR TEXAS, REALTORS | |||
| Jun 3, 2026 | Price Decreased |
$389,000
↓ $36K
(8.5%) | |
| Price Decreased | |||
| Apr 16, 2026 | Price Decreased |
$425,000
↓ $75K
(15%) | |
| Price Decreased | |||
Show More
Property Highlights
Air Conditioning
Interior Details
Full Bathrooms: 1
Exterior Details
Square Footage: 1560
Architectural Style: Ranch
Year Built: 2019
Building Area Total: 1560
Construction Materials: Vinyl Siding
Lot Features: Other, 1 Up to 2 Acres
Lot Size Area: 1.6001
Lot Size Units: Acres
Lot Size Acres: 1.6001
Lot Size Square Feet: 69700.356
Water Source: Other
Financial Details
Tax Annual Amount: $3,148
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Other
Sewer : Aerobic Septic, Other
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 Brazoria
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Listed by: Aimee Doherty, UTR TEXAS, REALTORS
Last Updated: 2 months ago
Data Source: HAR , MLS# 37505708
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Last Updated: 2 months ago
Data Source: HAR , MLS# 37505708
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