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6418 Masters Rd - MIXED USE ON MASTERS 4.13 Acres of Commercial Land Offered at $997,640 CAD in Manvel, TX 77578
Investment Highlights
- HEAVY TRAFFIC
- CORNER LOT
- RECTANGULAR IN SHAPE
- LOCATION TO HWY 66 AND 288
Executive Summary
Following is a link to the table that provides you the list of permitted use based on NAICS classification: https://library.municode.com/tx/manvel/codes/code_of_ordinances?nodeId=PAIICOOR_CH77ZO_ARTIIDIRE_S77-26PEUS
Following is a link to the Zoning ordinance section that explains the purpose of the District, the type of development allowed, and development standards: https://library.municode.com/tx/manvel/codes/code_of_ordinances?nodeId=PAIICOOR_CH77ZO_ARTIIDIRE_S77-35HIMIEHMDI
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per AC (CAD) |
|---|---|---|
| Taxes |
$9,286
|
$2,248.36
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$9,286
|
$2,248.36
|
Financial Summary (Actual - 2025)
| Taxes (CAD) | |
|---|---|
| Annual | $9,286 |
| Annual Per AC | $2,248.36 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $9,286 |
| Annual Per AC | $2,248.36 |
Property Facts
1 Lot Available
Lot OL 97-2
| Price | $997,640 CAD | Lot Size | 4.13 AC |
| Price Per AC | $241,559.21 CAD |
| Price | $997,640 CAD |
| Price Per AC | $241,559.21 CAD |
| Lot Size | 4.13 AC |
ZONED MIXED USE- RESIDENTIAL, RETAIL, MEDICAL. This property has a great, rectangular shape located on a corner ideal for development.
Description
The property was residential, and now zoned Mixed- Use for the development of office, medical, restaurant,and more. It backs up to the homes of Lakeland subdivision and sits across from Manvel veterinary clinic. Just a few blocks from Hwy 6 access and is surrounded by schools, EMS, post office, police and fire station, gas stations, and Big Horn BBQ down the road. The home can be torn down or renovated, but the trailer cannot and would need to be removed if construction takes place.The property is located in FEMA flood zone X, indicating minimal flood risk.
Property Taxes
| Parcel Number | 6398-0447-000 | Total Assessment | $388,398 CAD |
| Land Assessment | $426,690 CAD | Annual Taxes | $9,286 CAD |
| Improvements Assessment | $178,942 CAD | Tax Year | 2025 |
Property Taxes
Presented by
City on the Rise Realty LLC
6418 Masters Rd - MIXED USE ON MASTERS
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