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    2892 Tx-19 Huntsville, TX 77320

    For Sale
    $950,000

    7-Unit Texas Investment Property

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 7-unit mixed-use complex presents a compelling investment opportunity in Huntsville, Texas. Strategically located on Highway 19, this well-maintained property boasts a diverse tenant mix including commercial, residential, and industrial occupants. The complex encompasses over 6,400 square feet of heated and cooled living/tenant space, complemented by more than 3,600 square feet of covered porches and an additional 1,400 square feet of dedicated storage space. Current occupancy stands at a strong 92%. The property features a spacious, over half-acre lot with a rock driveway providing ample parking. The versatile spaces are currently utilized as a coffee/brunch shop, two office spaces, four residential units, and a dedicated industrial space. This property's prime location on Highway 19, combined with its impeccable maintenance and diverse income streams, makes it an attractive investment prospect. The asking price is $950,000. The property is situated at 2892 TX-19, Huntsville, Walker County, Texas, 77320.

    Property Features for 2892 Tx-19

    General Information

    Property type
    Multifamily properties

    Building Details

    Units
    7

    HighLights

    • Exceptional 7‑unit mixed‑use complex in Huntsville, TX.
    • Over 6,400 SF of heated/cooled space plus 3,600 SF of covered porches and 1,400 SF of storage.
    • 92% occupancy.
    • Prime Highway 19 location on a 0.5+ acre lot with ample parking.
    • Diverse tenant mix: coffee/brunch shop, office spaces, residential units, and industrial space.
    • Asking price: $950,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Map

    City
    Huntsville
    County
    Walker
    State
    Texas
    Longitude
    -95.463433572239
    Latitude
    30.793062017596

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    FAQs

    What type of property is this?
    Multifamily property - 7-Unit Texas Investment Property
    Where is this multifamily property located?
    The property is located at 2892 Tx-19 Huntsville, TX.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: Exceptional 7-unit mixed-use complex in Huntsville, TX.; Over 6,400 SF of heated/cooled space plus 3,600 SF of covered porches and 1,400 SF of storage.; 92% occupancy.
    Request Owner's contact information
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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
    2892 Tx-19 Huntsville, TX 77320
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