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Four-Home Multifamily Property

2623 Fm 1942 Road, Crosby, TX 77532

For Sale
$780,000

Four detached homes are arranged across unrestricted acreage, with separate well service for each pair and septic systems.

Property Size1,818 SF
Lot Size5.12 Acres
Days on Market12

Property Features for 2623 Fm 1942 Road

General Information

Standard status Active
Size 1,818 SF
Lot size 5.12 Acres
Property subtype Multi Family,Multiple Detached Dwellings

Site & Location

Road Access Yes
Utilities to Site Yes

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $11,284

Building Details

Building Size 1,818 SF
Year Built 1950
Buildings 4
Listing Agency: Mary Dunn Real Estate Inc
Listed By: Mary Dunn
Source: Nancyalmodovar
Added: Oct 27 Changed: Nov 7 Last Checked: Nov 6 at 2:48PM

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 Mary Dunn Real Estate Inc

Rey
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Investment Insights

Based on property information with market context.

The property comprises four houses on 5.12 acres. Two homes front FM 1942, while the other two face Holy Road. Each pair shares a well, and the houses are served by septic systems. All four homes are all-electric.

The site occupies the corner of FM 1942 and Holy Road, with approximately 658 feet of frontage on FM 1942 and 239 feet on Holy Road. The acreage is unrestricted.

Key Highlights

  • Four houses on 5.12 +/- acres
  • Approximately 658' frontage on FM 1942 and 239' on Holy Road
  • Two homes front FM 1942 and two front Holy Road

Property Analytics

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Lease Details

4
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

22
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Multifamily properties in Harris County, TX

$200 Jul
$212 Aug
$204 Sep
$195 Oct

Properties on Market for Multifamily properties in Harris County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Four detached homes are arranged across unrestricted acreage, with separate well service for each pair and septic systems.
Where is this multifamily property located?
The property is located at 2623 Fm 1942 Road Crosby, TX.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: Four houses on 5.12 +/- acres; Approximately 658' frontage on FM 1942 and 239' on Holy Road; Two homes front FM 1942 and two front Holy Road
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