2042 Teal DR new Save Request In-Person Tour Request Virtual Tour
Spring,TX 77386
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $129
Subdivision Spring Hills 05
MLS Listing ID 59874727
Style Traditional
Bedrooms 7
Full Baths 4
Half Baths 1
Year Built 1974
Annual Tax Amount $9,910
Tax Year 2024
Lot Size 0.817 Acres
Property Sub-Type Detached
Property Description
Investor's Dream – Multi-Unit Property on corner lot w/ Huge Upside & No Restrictions. Rare opportunity to acquire a versatile, income-generating property, & run your own business. Sprawling .87 acre, corner lot in a high-demand rental market. Unique setup features three separate units: 1) 2-bed/1-bath upstairs, 2) 3-bed/2-bath downstairs, 3) a private 2-bed, 1 bath apartment or office space—ideal for short or long-term tenants, multigenerational living or medical long term housing. Expansive lot offers abundant parking, outdoor living space, and potential for future expansion or added amenities. Located in a desirable area w/ strong rental comps and lot of growth potential, this property is perfect for investors looking to add value, generate consistent cash flow, and build long-term equity. This is a prime opportunity to create a high-performing asset with excellent ROI. Close proximity to The Woodlands, Hwy 99, I45, Exxon Campus 7 Bush Airport, approx. 35 mins to downtown Houston.
Location
State TX
County Montgomery
Interior
Heating Central,Gas
Cooling Central Air,Electric,Attic Fan
Flooring Carpet,Plank,Tile,Vinyl
Fireplaces Number 1
Fireplaces Type Wood Burning
Laundry Washer Hookup,Electric Dryer Hookup
Exterior
Exterior Feature Fence,Sprinkler/Irrigation
Parking Features Detached,Garage
Garage Spaces 1.0
Fence Partial
Pool In Ground
Roof Type Metal
Building
Lot Description Corner Lot
Story 2
Foundation Slab
Sewer Septic Tank
Water Public
New Construction No
Schools
Elementary Schools Ford Elementary School (Conroe)
Middle Schools Irons Junior High School
High Schools Oak Ridge High School
School District 11 - Conroe