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Attention investors and developers! This rare opportunity features more than ½ acre of land on a highly desirable corner lot, offering excellent potential for future development while generating immediate rental income. The property includes two existing rental homes (ALREADY LEASED), providing cash flow from day one. With its generous lot size, corner location, and development possibilities (subject to local zoning and approvals), this property is ideal for investors looking to expand their portfolio or explore new construction opportunities. Whether you're seeking a buy-and-hold investment, redevelopment project, or a combination of both, this versatile property offers exceptional upside. Large parcels with existing income and building potential are increasingly difficult to find"”don't miss this unique opportunity.
| DAYS ON MARKET | Login to view Days on Market | LAST UPDATED | 7/20/2026 |
|---|---|---|---|
| TRACT | Royal Oaks On 1488 02 | YEAR BUILT | 1985 |
| COMMUNITY | 15 | COUNTY | Montgomery |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Magnolia Parkway Elementary School |
|---|---|
| Jr. High School | Magnolia Parkway Junior High |
| High School | Magnolia High School |
| ADDITIONAL DETAILS | |
| AIR | Electric |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 15 |
| CONSTRUCTION | Other, Wood Siding |
| GARAGE | Yes |
| HEAT | Natural Gas |
| LOT | 0.6026 acre(s) |
| LOT DESCRIPTION | Other |
| PARKING | No Garage |
| SEWER | Septic Tank |
| STORIES | 1 |
| STYLE | Other |
| SUBDIVISION | Royal Oaks On 1488 02 |
| TAXES | 1411 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listed with Spring Branch Realty Inc.
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