$35,000 Last Listed Price
●
Land -
Off Market
9083 Marigold Street
Willis, TX 77318
Studio
0 Bath
$231
Est. Monthly
$51
HOA / Fees
About This Property
Walnut Cove Community is an up & coming area just north of The
Woodlands. This community is undergoing gentrification and is on
Lake Conroe. There are lots of new builds in the community. 9083
Marigold is a 2100sf lot that is fully fenced and has all utilities
(electric, water sewer). The lot is cleared are ready to build.
Walking distance to the Lake.
Walnut Grove POA has made recent upgrades and improvements to the community. The boat ramp area has been cleaned & benches installed; barbecue grills and tables are coming. In the community area; the playground equipment was installed last year. The community pool has been repaired and upgraded. Seasonal landscaping ongoing in common area. The county is paving one road in the community each year. Two have already been completed.
(The horse trailer does not convey with property and will be removed prior to closing.)
Walnut Grove POA has made recent upgrades and improvements to the community. The boat ramp area has been cleaned & benches installed; barbecue grills and tables are coming. In the community area; the playground equipment was installed last year. The community pool has been repaired and upgraded. Seasonal landscaping ongoing in common area. The county is paving one road in the community each year. Two have already been completed.
(The horse trailer does not convey with property and will be removed prior to closing.)
Unit Size
-
Days on Market
-
Land Size
0.05 acres
Price per sqft
-
Property Type
Land
Property Taxes
$8
HOA Dues
$51
Year Built
-
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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: 4 months ago (HAR #34856540)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 18, 2024 | Sold | ||
| Sold | |||
| May 19, 2024 | In contract | - | |
| In contract | |||
| May 6, 2024 | Listed by eXp Realty LLC | $162,900 | |
| Listed by eXp Realty LLC | |||
| | |||
|
New Construction Home - this home is a single story 3 bedroom 2 bath home featuring open kitchen with a Kitchen island. offers lots of upgrades: 42" cabinets with soft close, a large walk in pantry, stainless steel appliances. Tile throughout the home, with large walk in closet and high end faucets for the bathrooms. Master offers a walk in shower while you still get the tub in the spare bathroom. Subdivision offers, Large Pool, Basketball court, Pickleball court, Volleyball court and multiple parks plus Boat ramp and lake access
| |||
| Dec 18, 2023 | Sold | ||
| Sold | |||
| Sep 28, 2023 | Listed by Realty Texas LLC | $35,000 | |
| Listed by Realty Texas LLC | |||
| | |||
|
Walnut Cove Community is an up & coming area just north of The Woodlands. This community is undergoing gentrification and is on Lake Conroe. There are lots of new builds in the community. 9083 Marigold is a 2100sf lot that is fully fenced and has all utilities (electric, water sewer). The lot is cleared are ready to build. Walking distance to the Lake.
Walnut Grove POA has made recent upgrades and improvements to the community. The boat ramp area has been cleaned & benches installed; barbecue grills and tables are coming. In the community area; the playground equipment was installed last year. The community pool has been repaired and upgraded. Seasonal landscaping ongoing in common area. The county is paving one road in the community each year. Two have already been completed.
(The horse trailer does not convey with property and will be removed prior to closing.)
| |||
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About Walnut Cove
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Listed by: Theresa Garza, Realty Texas LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 34856540
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Last Updated: 4 months ago
Data Source: HAR , MLS# 34856540
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