$545,000 Last Listed Price
●
Land -
Off Market
9218 Roy Bean Drive
Houston, TX 77041
Studio
0 Bath
$570,277
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model
About This Property
Over 3/4 acre residential lot in revitalizing Outpost Estates.
Previous home was razed. A concrete drive and a variety of mature
shade trees remain in the front yard to beautifully frame a future
residence. A fence lines the back of the property. The
owner/builder has plans, permits and renderings for a striking new
residence on this lot (renderings in PHOTOS). The builder is
available to build for buyer, if desired. Lot cannot be
subdivided.
See Offer Instructions in DOCUMENTS.
See Offer Instructions in DOCUMENTS.
Unit Size
-
Days on Market
-
Land Size
0.87 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1958
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Cap Rate Calculator
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Monthly Rental Income
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Operating Profit Per Year
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 #95676927)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 4, 2025 | Sold | ||
| Sold | |||
| Jan 18, 2025 | Listed by Walzel Properties - Corporate Office | $650,000 | |
| Listed by Walzel Properties - Corporate Office | |||
   | |||
|
Discover the potential of this spacious 3/4-acre residential lot in the rejuvenating Outpost Estates. The previous home has been cleared, leaving behind a concrete driveway and a collection of mature shade trees that set a picturesque stage for your future dream home. A fence along the back of the property ensures privacy and security.
The owner has already prepared plans, permits, and renderings for an impressive new residence. Please note, the lot cannot be subdivided and no commercial use.
| |||
| Jan 1, 2025 | No longer available | - | |
| No longer available | |||
| Nov 26, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Aug 26, 2024 | Listed by Walzel Properties - Corporate Office | $650,000 | |
| Listed by Walzel Properties - Corporate Office | |||
| | |||
|
Discover the potential of this spacious 3/4-acre residential lot in the rejuvenating Outpost Estates. The previous home has been cleared, leaving behind a concrete driveway and a collection of mature shade trees that set a picturesque stage for your future dream home. A fence along the back of the property ensures privacy and security.
The owner has already prepared plans, permits, and renderings for an impressive new residence. Please note, the lot cannot be subdivided and no commercial use.
| |||
Show More
Property Highlights
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: Tammy Bateman, Tammy Bateman Properties
Last Updated: 4 months ago
Data Source: HAR , MLS# 95676927
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Last Updated: 4 months ago
Data Source: HAR , MLS# 95676927
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