3 12th St, Hempstead, TX 77445

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

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List Price: $399,000
MLS#: 5754288
Status: ACTIVE
Type: Single Family Residential
Subtype: Residential
Style: Traditional
Year Built: 1961
Bedrooms: 3
Bathrooms: 3
Acres: 0.43
Living Area: 1,970
County: Waller
Area: 26
City: Hempstead
Subdivision: N/A

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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

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