13919 Luthe Rd - Specialty FOR SALE


Houston, TX 77039- Aldine
$650,000 USD
281-808-1166
13919 Luthe Rd, Houston, TX for Sale
$650,000 USD
Specialty - FOR SALE
1/5
null | Request Cap Rate

13919 Luthe Rd
Houston, TX 77039
Aldine


HIGHLIGHTS

  • Six rental units generating approx. $50K annually
  • ±3-acre site with utilities and no zoning restrictions
  • 201 feet of frontage on Luthe Road
  • Built in 1973 with multiple usable structures
  • Easy access to Hardy Toll Road, Beltway 8, and I-45
  • Suitable for residential, light industrial, or commercial use

OVERVIEW

Positioned in Houston’s North Corridor, 13919 Luthe Rd. #6 offers a compelling investment opportunity with immediate income and long-term flexibility. The ±3-acre site features five existing buildings totaling ±2,768 square feet, currently configured into six rental units that generate approximately $50,000 in annual revenue. This setup provides a turnkey solution for investors seeking cash flow from day one. The property boasts approximately 201 feet of frontage along Luthe Road, enhancing visibility and access. Built in 1973, the improvements are suitable for continued use or renovation, depending on the buyer’s strategy. With utilities already available and no zoning restrictions, the site supports a wide range of potential uses including residential, light industrial, or commercial operations. Its location offers seamless connectivity to Hardy Toll Road, Beltway 8, and I-45, placing it within reach of major employment centers and distribution routes across Greater Houston. The surrounding area includes a mix of residential and commercial developments, contributing to the site’s appeal for redevelopment or continued rental operations. This asset is ideal for owner-users, developers, or investors looking to capitalize on Houston’s growth while maintaining operational flexibility.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$235 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

±2,768 SF on ±3 Acres in Houston TX

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.78 AC

LAND SF

121,098 SF

ZONING

-

APN/PARCEL ID

0041750000150

ASK ABOUT THIS PROPERTY

Joel C. EnglishTexas CRES LLCMore Info
281-808-1166

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Joel C. EnglishTexas CRES LLCMore Info
281-808-1166

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.