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$1,250,000

9.6 AC Fite Road, Pearland, TX, 77584

On MarketInfo

About this property

A 9.6-acre tract in Pearland with a recent price reduction, offering versatile potential depending on your strategy. Utilities are available at the street, and the motivated seller is ready to make a deal. Property Details: -Location: Fite Rd, Pearland -Size: 9.68 acres -Price: $1.49M (was $1.55M) -Utilities: City Water, City Sewer, Electricity and Gas at location -Zoning: Residential - flexible depending on plan. Four Development Options: (1.) 4 Custom Home Lots (No Infrastructure Required) (2.) Single-Family Subdivision (Full Buildout) (3.) Townhomes (Needs Rezoning) (4.) 27 Lots (No Rezoning) Seller isn’t looking to split the land or replat before a deal’s in hand, but is flexible with terms for a serious buyer. If you think it’s worth a look - or if you’d like to pass it along to someone in your circle - please let us know. We’d be happy to provide maps, layouts, and additional information.

Investor Tools

$0Estimated Mortgage Balance
$1,250,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,500 /month
Positive
Cash Flow Estimate:
$2,500 /month

Interested in this property?

Austin Jones

Keller Williams Houston Central

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Financing Details

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

City: Pearland

9.6 AC Fite Road | Property Details | No Agent List