15771 1St Ter Splendora, TX 77372
This exceptional 7.04-acre property in Splendora, Texas, presents a unique blend of residential and commercial potential. The main house, built in 1974 and renovated in 1990, boasts 2,292 square feet, featuring 3 or 4 bedrooms, 2 bathrooms, a spacious living area, formal dining room, and a country kitchen with ample cabinetry. Recent upgrades include a new roof (April 2024), a new AC unit (2024), and a newly installed generator (2024). A wood-burning fireplace and a long front porch add to the home's charm. The property also includes a 392-square-foot building, suitable for farmhand quarters, with one bedroom and one bathroom. Additional structures include a horse barn, various sheds, a chicken coop, and a 600-square-foot carport. Several other barns and storage buildings are also located on the property. A large pond stocked with fish sits at the rear. The property's 178 feet of frontage on 1st Street, highly visible from I-59, makes it ideal for commercial development. This property, situated in the heart of Splendora, offers a compelling investment opportunity due to its size, diverse structures, and prime location. The Montgomery County address is 15771 1st Street, 77372. The property includes four buildings, all single-story structures. The asking price is $899,990. The APN is 0594-00-06010.
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
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.