531 Cline St Huntsville, TX 77340
This exceptional 3.4-acre commercial land parcel, located at 687 & 531 Cline Street in Huntsville, Texas (zip code 77340), presents a unique investment opportunity. Zoned for Commercial/Unrestricted use, this property offers significant potential for a variety of developments, including apartments, townhomes, or a mobile home park. The land features two convenient access points and is partially cleared, simplifying development plans. Adding to its immediate appeal, the property currently includes two homes that generate rental income, providing a steady cash flow stream while development plans are finalized. Its highly desirable location offers exceptional convenience, situated within walking distance of the Sam Houston State University campus and in close proximity to a variety of local restaurants, entertainment venues, and other amenities. The asking price for this remarkable property is $399,000. This is a rare opportunity to acquire a substantial land parcel in a thriving Texas town with immediate income potential and strong future growth prospects. Don't miss out on this chance to capitalize on the vibrant Huntsville 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
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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.