1631 Gault Rd Houston, TX 77039
This exceptional 2.4 to 2.5-acre property at 1631 Gault Rd, Houston, TX 77039, presents a unique investment opportunity. Priced at $685,000 ($335.13/sq ft), this mixed-use offering boasts 2,044 square feet of net rentable space across two one-story buildings, constructed in 1971. The property features unrestricted zoning, allowing for diverse commercial or residential development. Currently, the site includes a primary residence, a guest house, and a slab prepared for an additional structure. Utilities include electricity, well water, septic, and natural gas. Approximately half of the lot is cleared and fully fenced. The location offers easy access to major thoroughfares including Beltway 8, Hardy Toll Road, and I-45, enhancing its appeal and potential. The low tax rate adds further investment incentive. Previous use was primarily residential, but the unrestricted zoning opens doors to various possibilities, such as industrial development, an RV park, or agricultural use with potential exemption. This property's versatility and prime location make it an attractive proposition for discerning investors seeking a high-return opportunity in a rapidly developing area of Houston.
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
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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.