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Property profile & analytics
OFF-MARKET Estimated value $500,000
Specialty properties

17011 Steinhagen Rd Cypress, TX 77429-7165

4,824 SF 11 ac lot Built 2005
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-3754561
Property summary
AI-generated overview

This exceptional 11-acre property in Cypress, Texas, presents a unique investment opportunity. Currently operating as a thriving wedding hall and events center, the property boasts a 4,716 sq ft main hall (primarily open space), perfect for large gatherings. Two additional dwellings, each approximately 1,100 sq ft, provide ample space for bridal parties or staff. Built in 2004 and renovated in 2020, the property includes three buildings situated on unrestricted land, offering diverse development possibilities. Amenities include a pond, flower garden, two gazebos, and a storage building. All existing light fixtures, equipment, and furniture used in the event center's operation are included in the sale. The property's location within a community of million-dollar homes presents significant upside potential. Consider subdivision for residential development, conversion to a nursing home facility, or continued operation as a premier event venue. The Harris County location, with APN 0410670000171, and address at 17011 Steinhagen Rd, Cypress, TX 77429, offers easy access and high visibility. The asking price is $3,500,000.

Property profile
Verified
Property type Specialty properties
Use group PROFESSIONAL CLUBS/ASSOCIATIONS
Year built 2005
Construction STONE
Total area 4,824 SF
Lot 11 ac (479,160 SF)
APN 410670000171
UPID US82-3754561
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
  • A Thousand Oaks Events & Retreats Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$500k
Owner & transaction history
Andrews Ohana Ventures LLC · 7 yrs held
Andrews Ohana Ventures LLC
since 2019
2 recorded transactions
2019
Price N/A
2014
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $635,000 +10.6%
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