Great development property. Has been used previously as a race track and entertainment venue (see photos). Has buildings on the property that were formerly used for concessions and bathrooms as well as ticket offices (see photos). Currently has grand stands on the property. The possibilities for this piece are multiple. Development for MHP, restructuring as an entertainment venue, dirt bike racing and/or flea market, commercial development of any kind. Priced at land value. This is a great deal!
Property Details
Property Features
Listing Office:
Office Name: Russ Gressett
Office Phone: (281) 444-2044
Listing Agent: Russ Gressett
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot Size: 49.32 Acres
Other
Directions Information:
Directions: I-10 East to Crosby Lynchburg Rd, then north approximately 4.1 miles to the property on the west side of Crosby Lynchburg Rd. Can be conveniently accessed as well from Highway 90 off the Sam Houston Parkway Toll Road.
Price Information
Listing Price Info
Price Summary:
List Price: $1,600,000
Tax Information:
Annual Amount: $2,937
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Northeast Harris, TX.
This property is $1.3M more than the Median Sold Price in Northeast Harris, TX.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: HAR
MLS Number: #70686436
Listing Office:
Office Name: Russ Gressett
Office Phone: (281) 444-2044
Listing Agent: Russ Gressett
Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.
Last updated on: 11/17/2024, 12:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$2,937
$440,509
2020
$9,757
$440,509
2018
$14,698
$629,461
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$8,053
Per Month
Principal & Interest
$7,986
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,863
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Charles R. Drew Elementary School
223 Red Oak Ave
Distance between this listing and this school1.04 miles
Public District Grades 1-5
6
/10
Barrett Elementary School
815 FM 1942 Rd
Distance between this listing and this school2.22 miles
Public District Grades 1-5
4
/10
Highlands Elementary School
200 E Wallisville Rd
Distance between this listing and this school2.27 miles
Public District Grades KG-5
Nearby Schools
5
/10
Highlands Junior School
1212 E Wallisville Rd
Distance between this listing and this school2.62 miles
Public District Grades 6-8
5
/10
Crosby Middle School
14703 FM 2100 Rd
Distance between this listing and this school3.30 miles
Public District Grades 6-8
4
/10
Alice Johnson Junior High School
15500 Proctor St
Distance between this listing and this school5.33 miles
Public District Grades 6-8
Nearby Schools
2
/10
Crosby Crossroads Academy
333 Red Summit Dr
Distance between this listing and this school3.04 miles
Public District Grades 9-12
4
/10
Crosby High School
333 Red Summit Dr
Distance between this listing and this school3.04 miles
Public District Grades 9-12
3
/10
Channelview High School
1100 Sheldon Rd
Distance between this listing and this school5.24 miles
The neighbors living near this home have an average income of $29,261. Residents of Northeast Harris, TX typically earn less than $35k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 10700 Crosby Lynchburg Rd
What is the listing price of this property?
The listing price of 10700 Crosby Lynchburg Rd property is $1,600,000.
What type of property is this?
The property 10700 Crosby Lynchburg Rd is land located in Crosby, Texas, 77532.
Is this property for sale now?
Active Listing: 10700 Crosby Lynchburg Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $2,937 (source: MLS/based on county public records data).
How much acreage is this property?
The property 10700 Crosby Lynchburg Rd is 49.32 acres.
Interested in 10700 Crosby Lynchburg Rd? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 10700 Crosby Lynchburg Rd in Crosby, TX and zip code 77532. This home sits on a 49.32 acre lot. It has been listed on Rocket Homes since November 14, 2023 and is currently priced at $1,600,000.
In October 2024 more than 16 listings in Northeast Harris, TX were sold above the asking price. During the same period more than 16 listings were sold at asking price, while more than 32 were sold below. The inventory of homes for sale in Northeast Harris, TX between September 2024 and October 2024 increased by 13.8%. Listings spent 48 days on the market in October 2024, and had a median list price of $265,045 during the same period.
From Rocket Homes Real Estate and based on county public records data.