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$1,995,000

0 County Road 383, Rosharon, TX, 77583

Under ContractInfo

About this property

Unrestricted 50 acres in close proximity to Hwy 288 and Hwy 6 at corner of County Rd 383 and County Rd 573 ready for new development ** 1,320ft frontage along CR 383 + 1,980ft frontage along CR 573 ** nearby Canterra Creek subdivision abuts rear portion of property ** developing Manvel Town Center at Hwy 288 & Hwy 6 is anchored by HEB and Lowe's with restaurants & more shopping to come is just minutes away ** sign up down the road going south on CR 383 for Alvin ISD New Elementary School #23 opening Fall 2027 ** take advantage of this opportunity to be a part of the Iowa Colony area development boom **

Investor Tools

$0Estimated Mortgage Balance
$1,995,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,970 /month
Positive
Cash Flow Estimate:
$3,990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Rosharon

0 County Road 383 | Property Details | No Agent List