1705 Margaret St Houston, TX 77093
This exceptional Houston property at 1705 Margaret Street presents a unique investment opportunity. Situated on a nearly one-acre lot (0.918 acres, APN 065-027-001-0029), this mixed-use property offers a blend of residential and commercial potential. The 1,332 square foot building, constructed in 1950, features a single story with a nicely updated home boasting original hardwood floors, a beautifully renovated bathroom with a tiled shower, and new plumbing. The property also includes a carport and an oversized two-car garage, providing ample space for storage or a workshop. The asking price is $395,000, translating to $296.55 per square foot. Its convenient location offers easy access to the Hardy Toll Road and is just minutes from Downtown Houston. The property's unrestricted zoning allows for a variety of uses, making it ideal for owner-occupancy, running a business from home, or a combination of both. This versatile property is ready for immediate occupancy, presenting a compelling opportunity for investors seeking a blend of residential comfort and commercial flexibility in a prime Houston location. The property is classified as Commercial, Residential, and Traditional Office.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.