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Property profile & analytics
OFF-MARKET
Retirement homes

10111 Hidden Lake Ln Richmond, TX 77406

10,365 SF 9 ac lot
Entity Owned 6-yr Hold
Property ID
US83-3429139
Property summary
AI-generated overview

This exceptional 9.337-acre property in Richmond, Texas, presents a unique investment opportunity. Located in a non-HOA community with a low tax rate, this fully fenced and gated land boasts convenient access to major thoroughfares including the Westpark Tollway, I-10, and Highway 99, placing it within easy reach of Katy and Fulshear. The unrestricted land offers significant development potential, ideal for a variety of uses such as storage facilities, bed and breakfasts, RV parks, assisted living facilities, camps, churches, or rehabilitation/shared living spaces. The property's strategic location near new construction communities ensures high visibility and potential for strong business exposure. Existing improvements include five buildings totaling 10,365 square feet, spread across two stories. The property also features a serene lake and a resort-style estate with seven spacious bedrooms, five full baths, and two half baths, complemented by a large covered pool and spa area with a 7,700 sq ft deck. Ample on-site storage is available. This is a rare chance to acquire a versatile property with significant upside in a rapidly growing area. The asking price is $3,000,000. Broker co-op is available.

Property profile
Verified
Property type Retirement homes
Total area 10,365 SF
Lot 9 ac (392,040 SF)
UPID US83-3429139
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
Current use
Occupant on record · Public records
  • Hidden Lake Villa Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
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by Request
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Hidden Lake LLC · 6 yrs held
Hidden Lake LLC
since 2020
1 recorded transaction
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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