$159,900 Last Listed Price
●
Land -
Off Market
9918 Chelsea Drive
Iola, TX 77861
Studio
0 Bath
$168,371
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model
About This Property
A MUST SEE! This INCREDIBLE 2.27 ACRE HOMESITE with beautiful
towering oaks is the perfect place to build your dream home! Gated
and located inside The Preserve @ King Oaks, you'll enjoy the
amazing views in this private location with over 350 ft of road
frontage. The property has a north-south orientation and has been
partially cleared of brush and trees, ready for your new home. Also
enjoy all that King Oaks has to offer from a lake for fishing,
community pool, pavilion, and nature trails. Don't wait on this
one! It won't last long.
Unit Size
-
Days on Market
-
Land Size
2.27 acres
Price per sqft
-
Property Type
Land
Property Taxes
$156
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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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: 5 months ago (HAR #79545989)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 26, 2022 | Sold | ||
| Sold | |||
| Feb 9, 2022 | Sold | ||
| Sold | |||
| Nov 30, 2021 | Listed by Coleman & Patterson, LLC | $159,900 | |
| Listed by Coleman & Patterson, LLC | |||
| | |||
|
A MUST SEE! This INCREDIBLE 2.27 ACRE HOMESITE with beautiful towering oaks is the perfect place to build your dream home! Gated and located inside The Preserve @ King Oaks, you'll enjoy the amazing views in this private location with over 350 ft of road frontage. The property has a north-south orientation and has been partially cleared of brush and trees, ready for your new home. Also enjoy all that King Oaks has to offer from a lake for fishing, community pool, pavilion, and nature trails. Don't wait on this one! It won't last long.
| |||
| Mar 25, 2021 | No longer available | - | |
| No longer available | |||
| Jan 27, 2021 | Listed | $149,900 | |
| Listed | |||
| | |||
|
AMAZING 2.27 ACRE WOODED HOMESITE...READY-TO-BUILD!!! This incredible property, located inside The Preserve @ King Oaks, features towering oaks, over 350 ft of road frontage, north-south orientation, private location w/amazing views...& the list goes on! The property has also been cleared of brush & trees (in the center)...ready for your dream home! Call to schedule your private showing TODAY!
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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HOA + Taxes
About Grimes
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: David Coleman, Coleman & Patterson, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 79545989
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Last Updated: 5 months ago
Data Source: HAR , MLS# 79545989
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