5 months on rocket

5615 Bailey Rd, Pearland, TX, 77584

$1,000,000

7.64 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #86793279
Lot Size7.64 Acres
StatusActive

About 5615 Bailey Rd

This 7.6 Acre Lot Value property in the heart of Pearland offers endless possibilities for commercial or residential use. The current metal structure on the land provides immediate income potential. With ongoing renovations and expansions on Bailey Road, this property promises great accessibility to both the East and West sides of Pearland via Hwy 288. Don't miss out on this prime investment opportunity - schedule your appointment to view this thriving location today.

Property Details

Property Features

Listing Office:

  • Office Name: Real Broker, LLC
  • Office Phone: (855) 450-0442
  • Listing Agent: Bruce Ham

Lot Features

Lot Information:

  • Lot: Open Lot, Other
  • Lot Size: 7.64 Acres

Other

Directions Information:

  • Directions: From Downtown Houston go I 45 South to Beltway 8 - go west on Beltway to Telephone Road turn left - go to Bailey Road and turn right - go about mile and the property is on the right side of the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,000,000

Tax Information:

  • Annual Amount: $8,842
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Pearland, TX.

Med. Sold Price

$375.7K

Med. Price/SqFt

$160

Avg. Days On Market

33

# of Sold Homes

91

5615 Bailey Rd vs Pearland

158 DAYS ON ROCKET

+125 Days

$1,000,000

+$624.2K More

KEY TAKEAWAY

This property is $624.2K more than the Median Sold Price in Pearland, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HAR
  • MLS Number: #86793279

Listing Office:

  • Office Name: Real Broker, LLC
  • Office Phone: (855) 450-0442
  • Listing Agent: Bruce Ham

Broker ReciprocityDisclaimer: 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”.

Copyright© 2024 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 12/18/2024, 12:20:53 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

YEARPROP. TAXASSESSMENT
2020$8,842$343,190
2019$9,531$309,950
2018$10,324$353,190
2017$7,129$384,250

History based on county public records data.

Payment Calculator

$5,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,065

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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.

Nearby Schools

school-card-donut-4525872
9
/10
  • Magnolia Elementary School

  • 5350 Magnolia Pkwy

  • 0.88 miles

  • Public District Grades PK-4

school-card-donut-4525873
8
/10
  • Massey Ranch Elementary School

  • 3900 Manvel Rd

  • 1.49 miles

  • Public District Grades PK-4

school-card-donut-4525874
7
/10
  • H.C. Carleston Elementary School

  • 3010 Harkey Rd

  • 1.61 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $105,515. The majority of Pearland, TX residents have income between $100k-200k annually. Most families are married, with kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5615 Bailey Rd

What is the listing price of this property?

The listing price of 5615 Bailey Rd property is $1,000,000.

What type of property is this?

The property 5615 Bailey Rd is land located in Pearland, Texas, 77584.

Is this property for sale now?

Active Listing: 5615 Bailey 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 2020 is $8,842 (source: MLS/based on county public records data).

How much acreage is this property?

The property 5615 Bailey Rd is 7.64 acres.
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Rocket HomesTexasBrazoria CountyPearland775845615 Bailey Rd

This home is located at 5615 Bailey Rd in Pearland, TX and zip code 77584. This home sits on a 7.64 acre lot. It has been listed on Rocket Homes since July 12, 2024 and is currently priced at $1,000,000.

In November 2024, from all listings sold in Pearland, TX there were more than 10 sold above asking price, over 62 sold below and more than 19 were sold right at the asked price. The inventory of homes for sale in Pearland, TX between October 2024 and November 2024 increased by 0.7%. In November 2024 median list price was $375,788 and the average listing age was 33 days.

From Rocket Homes Real Estate and based on county public records data.

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