18703 Hopfe RdHockley, TX 77447

For Sale
$3,650,000

23+ Acres, 2-Story Multifamily, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
96
This exceptional 23.24-acre property located at 18703 Hopfe Rd, Hockley, TX 77447, presents a unique investment opportunity. The property boasts a 3,522 square foot, two-story multifamily building constructed in 2012, currently priced at $3,650,000 ($1,093 per square foot). The expansive lot offers significant development potential, situated in Harris County near Cypress, TX, with convenient access to Hwy 290 and SH 99. The property includes two existing homes and three large outbuildings, providing immediate income potential or versatile space for various uses. A stocked 2.5-acre pond adds to the property's appeal. The location is particularly attractive, adjacent to a recently acquired 318+ acre parcel slated for a future 1000-home master-planned community, suggesting strong future growth and value appreciation. This versatile property is suitable for commercial, residential, or equestrian uses, or could be developed into a family compound, bed and breakfast, Airbnb/Vrbo, or event venue. The existing outbuildings offer ample space for business operations, equipment storage, or conversion into horse stables. This is a rare opportunity to acquire a substantial property with diverse possibilities in a rapidly developing area.

Highlights

  • 23.24-acre property in Hockley, TX, at 18703 Hopfe Rd.
  • 3,522 sq ft, two-story multifamily building (2012 construction), listed at $3,650,000 ($1,093/sq ft).
  • Significant development potential in Harris County, near Cypress, with easy Hwy 290 & SH 99 access.
  • Two existing homes and three large outbuildings offer immediate income or versatile use.
  • Features a 2.5-acre stocked pond.
  • Adjacent to a planned 1000-home master-planned community, promising future value appreciation.

Property Details for 18703 Hopfe Rd

Property type
Multifamily properties, Residential income properties
Square Feet
3,522 SF
Year Built
2012
Stories
2
Lot Size (sq. ft)
1,012,334 SF

Location Insight

City
Hockley
County
Harris
State
Texas
Latitude
30.0477067
Longitude
-95.7716853
18703 Hopfe Rd, Hockley, Texas

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18703 Hopfe Rd
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