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    2201 Hendrickson Ln Chappell Hill, TX 77426

    For Sale
    $450,000

    6.384 Acres, Rental Income Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 6.384-acre commercial land parcel in Chappell Hill, Texas, presents a unique investment opportunity. Currently featuring three mobile homes, a barndominium, and a house generating rental income, this property offers immediate cash flow. Note that two mobile homes will be removed post-sale. Situated on Hendrickson Lane, with the address 2201 Hendrickson Ln, Chappell Hill, TX 77426, the property enjoys a peaceful country setting while remaining conveniently close to the charming historic downtown area of Chappell Hill. Residents benefit from easy access to local amenities including quaint shops, cafes, and restaurants. The strategic location provides convenient access to Highway 290, facilitating commutes to Brenham and Houston. The property is zoned within the Brenham Independent School District, known for its high-quality educational programs. This combination of rental income potential, prime location, and access to excellent schools makes this a compelling investment for those seeking a blend of passive income and future development possibilities. The asking price for this remarkable property is $450,000. This 6.384-acre tract offers significant potential for future growth and development in a desirable Texas location.

    Property Features for 2201 Hendrickson Ln

    General Information

    Property type
    Land
    Lot Size
    278,087 SF

    HighLights

    • $450,000 asking price.
    • 6.384‑acre commercial land parcel.
    • Located at 2201 Hendrickson Ln, Chappell Hill, TX 77426.
    • Currently includes structures generating rental income (some to be removed post‑sale).
    • Convenient access to Highway 290 and Brenham ISD.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chappell Hill
    County
    Washington
    State
    Texas
    Longitude
    -96.3488409
    Latitude
    30.122193

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    FAQs

    What type of property is this?
    Land - 6.384 Acres, Rental Income Potential
    Where is this land located?
    The property is located at 2201 Hendrickson Ln Chappell Hill, TX.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: $450,000 asking price.; 6.384-acre commercial land parcel.; Located at 2201 Hendrickson Ln, Chappell Hill, TX 77426.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2201 Hendrickson Ln Chappell Hill, TX 77426
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