37557 Meadowview Dr - Specialty FOR SALE


Hempstead, TX 77445
$2,700,000 USD
979-826-3532
37557 Meadowview Dr, Hempstead, TX for Sale
$2,700,000 USD
Specialty - FOR SALE
1/95
null | Request Cap Rate

37557 Meadowview Dr
Hempstead, TX 77445


HIGHLIGHTS

  • Low Tax Benefits: This Waller County property has a low tax rate, no MUD tax, and is in a no flood zone.
  • Infrastructure: It includes seven structures, five septic systems, paved roads, parking pads, and gated security.
  • Landscaping: The property features eight oak trees, enhancing its serenity and privacy.
  • Educational Facilities: Located within the Waller Independent School District, ideal for families.
  • Convenience: Centrally located between counties, away from big city traffic.

OVERVIEW

This property spans three acres and includes fifteen units with potential for more. The property features seven structures: three homes, a duplex, a triplex, an apartment building, and an eighty five percent complete, five-unit building. Opportunities abound for rental business development or converting garages into additional units, shops, offices, or storage spaces. This property offers various potential uses. It can generate income while also serving as a place to reside and raise a family. Possible choices include: an Air BNB, assisted living facility, or adult day care center. There are minimal expenses or maintenance for this property. The asking price is only 2.7 million.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$197 USD /SF

CAP RATE

Request Cap Rate

% LEASED

100%

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Meadowview Estates

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Robert GloverMeadowview EstatesMore Info
979-826-3532

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Robert GloverMeadowview EstatesMore Info
979-826-3532

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