15703 Cypress Garden DrTomball, TX 77377

For Sale
$600,000

Tomball, TX Mixed-Use Portfolio with Income

Overview

Added:
Dec 11, 2024
Days on market:
96
This exceptional Tomball, Texas property, located at 15703 Cypress Garden Dr, 77377, presents a unique mixed-use investment opportunity. Spanning 1.6 acres, this unrestricted lot is the largest in the subdivision and boasts five buildings totaling six units, offering a blend of residential and commercial space. The main house, approximately 2,600 square feet, provides live/work potential or rental income, complemented by a large shop, covered storage, and a smaller shop area, all generating additional rental revenue. Five tenants currently occupy the property, with a consistent rental history spanning five years. While current leases are annual, longer-term agreements are possible. The property features a well and two septic systems. Benefit from Tomball's low property tax rate and the peace of mind of a non-flood location outside any flood zone. The asking price is $600,000, with owner financing and potential for a property exchange as part of the down payment considered. The total square footage ranges from 2,600 to 7,000 square feet. Financial details, including a proforma and rent roll, are available upon request. This is a rare opportunity to acquire a substantial, income-producing property in a desirable location.

Highlights

  • 1.5703 Cypress Garden Dr, Tomball, TX 77377: 1.6-acre unrestricted lot, largest in subdivision.
  • Mixed-use investment opportunity: six units in five buildings (residential & commercial).
  • Main house (approx. 2,600 sq ft) offers live/work potential or rental income; additional rental income from large shop and smaller shop areas.
  • Five tenants with five-year consistent rental history; annual leases, longer-term options available.
  • Well and two septic systems; low property taxes; non-flood zone location.
  • Asking price: $600,000; owner financing considered; potential for property exchange in down payment.

Property Details for 15703 Cypress Garden Dr

Property type
Other specialty properties, Multifamily properties
Square Feet
2,600 SF
Buildings
5
Stories
1
Lot Size (sq. ft)
69,696 SF
Units
6

Location Insight

City
Tomball
County
Harris
State
Texas
Latitude
30.060569407693
Longitude
-95.659226162995
15703 Cypress Garden Dr, Tomball, Texas

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15703 Cypress Garden Dr
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