3 12th St, Hempstead, TX 77445

$399,000
3
BD
3
BA
1,970
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$399,000
Status
ACTIVE
MLS#
5754288
Days on Market
19
Year Built
1961
Style
Traditional
Bedrooms
3
Bathrooms
3
Full-baths
3
Living Area
1,970
Lot Size
18,750
Lot Size Source
Appraiser
Subdivision
N/A
Region
26
Market Area
Hempstead
County
Waller

Property Description

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

Additional Information

Neighborhood
Hempstead
Heating
Central, Electric
Cooling
Central Air, Electric
Stories
2
Lot Description
Corner Lot, Other
Foundation
Slab
Roof
Metal
School District
Hempstead
Elementary School
Hempstead Elementary School
Middle School
Hempstead Middle School
High School
Hempstead High School

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Crystal Fife Realty, LLC.