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Aviation Property with Hangar Apartment
For Sale
$650,000

532 N Gum Gully Rd, Crosby, TX 77532

Unrestricted 5-acre aviation property with hangar and apartment near Lake Houston.

Property Size3,000 SF
Lot Size5.00 Acres
Price / SF$722.22
Days on Market116

Property Features for 532 N Gum Gully Rd

General Information

Standard status Active
Size 3,000 SF
Lot size 5.00 Acres
Property subtype Farm and Ranch Properties

Taxes and HOA fees

Annual Taxes $9,759

Building Details

Building Size 3,000 SF
Year Built 2021
Listing Agency: Keller Williams Realty Northeast
Listed By: Tracy Montgomery · License #0470440
Source: Elliman
Added: Apr 15 Changed: Aug 7 Last Checked: Aug 8 at 11:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Northeast

Investment Insights

Based on property information with market context.

This unrestricted 5-acre property is deeded for aviation takeoff clearance and features a hangar with an approximately 900 square foot apartment. The apartment includes one bedroom, one bathroom, a living room, and a mini kitchen. The property is suitable for an aviation training facility and offers potential for runway installation. Mature trees, including oaks and crepe myrtles, are located in the front. A large patio area is available for grilling or entertaining. The property includes a water well and septic system, along with natural gas connections and washer/dryer hookups. An AG exemption contributes to a low tax rate. RV hookups are also present. Located minutes from Lake Houston, this property presents a unique opportunity for aviation enthusiasts or a country estate or weekend getaway.

Key Highlights

  • Unrestricted 5‑acre property deeded for aviation takeoff clearance with existing hangar and potential for runway installation.
  • Hangar includes a 900 sq ft apartment with 1 bedroom, 1 bath, living room, and mini kitchen.
  • Minutes from Lake Houston, suitable for aviation enthusiasts, country estate, or weekend getaway.

Property Analytics

Current Use

Aviation real estate

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Grocery & Convenience Store Gym & Fitness Center Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

50
Businesses Nearby

Demographics for 77532, TX

34,679
Population
12,327
Households
2.8
Avg Household Size
36
Median Age
20%
College-Educated
91%
High-School Grad
82.5 sq mi
ZIP Area
420
Density / Sq Mi
$89,740
Median Household Income
$47,202
Median Earnings
$1,190
Median Rent
$243,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Aviation real estate - Unrestricted 5-acre aviation property with hangar and apartment near Lake Houston.
Where is this aviation real estate located?
The property is located at 532 N Gum Gully Rd Crosby, TX.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Unrestricted 5‑acre property deeded for aviation takeoff clearance with existing hangar and potential for runway installation.; Hangar includes a 900 sq ft apartment with 1 bedroom, 1 bath, living room, and mini kitchen.; Minutes from Lake Houston, suitable for aviation enthusiasts, country estate, or weekend getaway.
More about this property
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