Lot 1,2 & 3 12th St

Hempstead, TX 77445

About this property

Don’t miss this rare opportunity to own three properties in the heart of Hempstead, zoned Central Business District, offering endless possibilities for investors, business owners, or developers. Conveniently located just minutes from Highway 290, this unique investment features two tenant-occupied homes providing immediate rental income, while all three properties have a proven history of successful rental performance. Whether you choose to continue operating them as income-producing rentals, establish a commercial business, create office space, redevelop the property, or expand your investment portfolio, the opportunities are endless. The Central Business District zoning provides flexibility for a variety of commercial, mixed-use, or approved residential uses (subject to city regulations). Take advantage of the income potential, redevelopment opportunities, and future growth this rare offering provides. No portion of these properties is located in the flood zone

About this property

Don’t miss this rare opportunity to own three properties in the heart of Hempstead, zoned Central Business District, offering endless possibilities for investors, business owners, or developers. Conveniently located just minutes from Highway 290, this unique investment features two tenant-occupied homes providing immediate rental income, while all three properties have a proven history of successful rental performance. Whether you choose to continue operating them as income-producing rentals, establish a commercial business, create office space, redevelop the property, or expand your investment portfolio, the opportunities are endless. The Central Business District zoning provides flexibility for a variety of commercial, mixed-use, or approved residential uses (subject to city regulations). Take advantage of the income potential, redevelopment opportunities, and future growth this rare offering provides. No portion of these properties is located in the flood zone

Features and Additional Information

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$399,000 Active
3 Bed(s)
3
Baths
1,970 sqft

Presented By Coldwell Banker Commercial Gateway

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Get in touch today! Phone: 1-956-937-2930
Brokerage
Crystal Fife Realty, LLC
1-979-826-0011
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Area Information

26 | Waller County | N/A

$ 399,000
This listing is play_arrow 11.3% lower than the average in the area
$ 450,000 in the area
1,970 SqFt
This listing is play_arrow 21.2% smaller than the average in the area
2,501 SqFt in the area
$ 203 $/SqFt
This listing is play_arrow 12.6% more than the average in the area
$ 180 $/SqFt in the area
48 days on site
This listing is play_arrow 860.0% above the average in the area
5 days on site in the area

Schools in the Area

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    Elementary School
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Listed By Crystal Krivacka
Brokerage: Crystal Fife Realty, LLC

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