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Property profile & analytics
OFF-MARKET
Commercial real estate

18703 Hopfe Rd Hockley, TX 77447

3,522 SF 23.24 ac lot Built 2012
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 2012
Total area 3,522 SF
Lot 23.24 ac (1,012,334 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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