927 Lizzie Lane
About This Property
+/- 1.12 acres of Prime Property with endless possibilities. Ideal for Live-Work / Home Business Use. Outstanding residential investment opportunity in rapidly expanding Tomball, Texas. In high density residential & commercial populated area just minutes from downtown Tomball, with easy access to freeways & retail. Excellent location with great visibility and +/- 136 feet of frontage on Lizzie Lane.
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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 |
|---|---|---|---|
| May 11, 2025 | Listed by Texas United Realty | $229,900 | |
| Listed by Texas United Realty | |||
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Hidden GEM in Tomball – ~1 Acre of Prime Real Estate!
Uncover the potential of this ~1-acre property with ~136 feet of prime frontage, located in the heart of Tomball. This lot offers endless possibilities. Easy access to major highways, connecting you to everything Tomball has to offer. Just moments away from top retailers including Costco, HEB, and more. Don’t miss out on this rare opportunity.
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| Mar 24, 2023 | Sold | ||
| Sold | |||
| Jan 10, 2023 | Listed by Segue Real Estate Group | $175,000 | |
| Listed by Segue Real Estate Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017