3 12th St, Hempstead, TX 77445

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

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List Price
$399,000
Status
ACTIVE
Days on Market
128
MLS#
5754288
Subtype
Residential
Style
Traditional
Year Built
1961
Bedrooms
3
Bathrooms
3
Full Baths
3
Living Area
1,970
Lot Size
18,750
Acres
0.43
Subdivision
N/A
Neighborhood
Hempstead
MLS Area Major
26

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

Property Description
Traditional
Flooring
Carpet, Plank, Vinyl
Heating
Central, Electric
Air Conditioning
Central Air, Electric
Stories
2
Levels
Two
Roof
Metal
Foundation
Slab
School District
Hempstead
Elementary School
Hempstead Elementary School
Middle School
Hempstead Middle School
High School
Hempstead High School

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Calculator source: Real Geeks

Listing courtesy of Crystal Fife Realty, LLC.