11 Greenway Plz Houston, TX 77046
This exceptional investment opportunity presents a 1,500 square foot multifamily property situated on a generous 1.382-acre lot in the desirable Grape Creek area of San Angelo, Texas. Located at 10409 Grape Creek Rd, zip code 76901, this property offers a unique blend of comfortable living and lucrative investment potential. The property is categorized as both commercial and an apartment building, presenting versatile options for the astute investor. The asking price is $300,000. The property boasts a recently constructed home featuring an inviting wood-burning fireplace, perfect for cozy evenings. The open-concept living arrangement seamlessly connects the living space with the eat-in kitchen, creating a welcoming atmosphere. Enjoy outdoor living on the covered patio, ideal for observing the local wildlife. Its convenient location offers the tranquility of country living while remaining minutes from local schools. This property is an excellent choice for those seeking a blend of residential comfort and commercial investment in the thriving Tom Green County area of West Texas. The property's size and features make it an attractive option for various investment strategies. Don't miss this chance to acquire a well-located, versatile property in a growing market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.