Current Use by Public Records
- Specialty properties
Property Details for 15703 Cypress Garden Dr
- Lot size
- 1.60 lot acres
- Property type
- Specialty properties
- Property subtype
- Mixed-use properties
Description
This exceptional Tomball, Texas property, located at 15703 Cypress Garden Dr, 77377, presents a unique mixed-use investment opportunity. Spanning 1.6 acres, this unrestricted lot is the largest in the subdivision and boasts five buildings totaling six units, offering a blend of residential and commercial space. The main house, approximately 2,600 square feet, provides live/work potential or rental income, complemented by a large shop, covered storage, and a smaller shop area, all generating additional rental revenue. Five tenants currently occupy the property, with a consistent rental history spanning five years. While current leases are annual, longer-term agreements are possible. The property features a well and two septic systems. Benefit from Tomball's low property tax rate and the peace of mind of a non-flood location outside any flood zone. The asking price is $600,000, with owner financing and potential for a property exchange as part of the down payment considered. The total square footage ranges from 2,600 to 7,000 square feet. Financial details, including a proforma and rent roll, are available upon request. This is a rare opportunity to acquire a substantial, income-producing property in a desirable location.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tomball
- County
- Harris
- State
- Texas
- Longitude
- -95.6592
- Latitude
- 30.0606
