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0 VLY FORGE DR
PASADENA, TX 77502
Asking Price
$1.82M
Asset Type
Residential Land
Class
Class B
What's Special
Cleared hard corner lot ready for development. 4.53 Acres <p>Raw Land in a major developing area! Next to a new 32 Home development and centered around Schools, single family residence and major Future Development. Preliminary site concept for 43 homes was done.</p><p></p><p>Minutes from the New Ellington Space Port and Airfield as well as Hobby Airport.</p>
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NOI
$80,000
Cap Rate
4.38%
DSCR
0.74
Underwater
Cash-on-Cash
-5.18%
Monthly Payment
$9,029.104
Annual Cash Flow
$-28,349.251
