$31,500 Last Listed Price
●
Land -
Off Market
939 Road 5704
Cleveland, TX 77327
Studio
0 Bath
$31,383
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
Purchase ONE OR all 1/4 acre lots in brand new Section 7 of Santa
Fe community in Plum Grove area of Liberty County. New elementary
school just opened 2021 & another new school currently being built.
New fire department & other retail shops under construction. Access
to Grand Parkway coming soon. Many homesites already sold & under
construction. Get in and get settled before the big rush!
Water/electric/gas available. Mobiles/manufactured/single family
all okay. Drive out today and take a look at this blossoming
community in the Cleveland/Plum Grove area. Low taxes! SELLER HAS 3
SIDE BY SIDE LOTS AVAILABLE. All are for sale as a group or
individually - call for info. Lots start at the corner of Henry
Drive and Hills Drive and run from corner of Henry down the left
side. Electric meters & water in place. Multiple builders and
mobile sales available at the front of the community. Light
restrictions. Deed restrictions on community website.
Unit Size
-
Days on Market
-
Land Size
0.24 acres
Price per sqft
-
Property Type
Land
Property Taxes
$60
HOA Dues
$10
Year Built
-
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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: 5 months ago (HAR #46468044)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2023 | Sold | ||
| Sold | |||
| Sep 16, 2023 | Listed by Great Houston Properties | $31,500 | |
| Listed by Great Houston Properties | |||
| | |||
|
Purchase ONE OR all 1/4 acre lots in brand new Section 7 of Santa Fe community in Plum Grove area of Liberty County. New elementary school just opened 2021 & another new school currently being built. New fire department & other retail shops under construction. Access to Grand Parkway coming soon. Many homesites already sold & under construction. Get in and get settled before the big rush! Water/electric/gas available. Mobiles/manufactured/single family all okay. Drive out today and take a look at this blossoming community in the Cleveland/Plum Grove area. Low taxes! SELLER HAS 3 SIDE BY SIDE LOTS AVAILABLE. All are for sale as a group or individually - call for info. Lots start at the corner of Henry Drive and Hills Drive and run from corner of Henry down the left side. Electric meters & water in place. Multiple builders and mobile sales available at the front of the community. Light restrictions. Deed restrictions on community website.
| |||
Property Highlights
Comparables
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Status
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Asking Price
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About Liberty
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Listed by: Jason Gracey, Great Houston Properties
Last Updated: 5 months ago
Data Source: HAR , MLS# 46468044
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Last Updated: 5 months ago
Data Source: HAR , MLS# 46468044
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