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$300,000

NAL Estimated Property Value

1288 Forest Oaks Drive, Altair, TX, 77412

Off MarketInfo
Baths0 Bath

About this property

10 acres located at the corner of Jessica Lane (paved private road) and Forest Oaks Drive (paved county road) with frontage on both. Pole barn on the property makes a good shelter for livestock or a great place to park an RV. There are also some cattle pens. There is a gravel driveway from Forest Oaks Drive to the pole barn though it is covered in grass and hard to see. The property has a working water well and electricity. No restrictions. Owner will consider subdividing. This is a low traffic location being located near the dead end of Forest Oaks Drive. About an hour from Katy and about 15 minutes from, "Splashway Water Park" in Sheridan. Come enjoy the quiet of the country and see the stars at night!

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

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

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Altair

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1288 Forest Oaks Drive | Property Details | No Agent List