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LOT 1 Two & 3 12th St, Hempstead, TX, 77445

3beds
3baths
1,970sqft
$399,000
$203price/sqft
$3,004/moest. monthly cost
$120,160/yrincome needed

About This Home

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

Getting Around

46
WalkingCar-Dependent
0
TransitVery Limited Transit
45
BikeSomewhat Bikeable

Schools

3/10
5/10
Hempstead Middle SchoolGrades 6-81.3 mi
3/10
Hempstead High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1961

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Unknown

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Flooring: Carpet,Vinyl

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Electric

Interior Area

  • Total structure area: 1,970
  • Total interior livable area: 1,970 sqft

Property

Details

  • Parcel number: 519000142001000

Features

  • Stories: 2

Lot

  • Lot size: 0.43 Acres
  • Features: Corner Lot,Other,1/4 Up to 1/2 Acre