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Property profile & analytics
OFF-MARKET
Specialty properties

15703 Cypress Garden Dr Tomball, TX 77377

2,600 SF 1.6 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Specialty properties
Total area 2,600 SF
Lot 1.6 ac (69,696 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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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