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Lot 1-3 12th st
Hempstead, TX 77445
606 12th St- ZONED CENTRAL BUSINESS DISTRICT · Multifamily Property For Sale · 3 Units

Investment Highlights

  • Zoned in the Central Business District, enabling varied commercial, retail, and mixed-use development options.
  • Located in Central Hempstead with quick access to US Highway 290 for regional connectivity.

Executive Summary

Don’t miss this rare opportunity to own three properties in the heart of Hempstead, zoned Central Business District, offering endless possibilities for investors, business owners, or developers. Conveniently located just minutes from Highway 290, this unique investment features two tenant-occupied homes providing immediate rental income, while all three properties have a proven history of successful rental performance. Whether you choose to continue operating them as income-producing rentals, establish a commercial business, create office space, redevelop the property, or expand your investment portfolio, the opportunities are endless. The Central Business District zoning provides flexibility for a variety of commercial, mixed-use, or approved residential uses (subject to city regulations). Take advantage of the income potential, redevelopment opportunities, and future growth this rare offering provides. No portion of these properties is located in the flood zone

Property Facts

Price Per Unit $187,623 CAD
Sale Type Investment
No. Units 3
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Building Class C
Lot Size 0.29 AC
Building Size 1,970 SF
No. Stories 2
Year Built 1961
Opportunity Zone Yes
Zoning CBD - CENTRAL BUSINESS DISTRICT

Amenities

Site Amenities

  • Multi Use Room
  • Private Bathroom

Property Taxes

Property Taxes

Parcel Number
161017
Land Assessment
$0 CAD
Improvements Assessment
$27,777 CAD
Total Assessment
$27,777 CAD
  • Listing ID: 41244104

  • Date on Market: 2026-07-10

  • Last Updated:

  • Address: Lot 1-3 12th st, Hempstead, TX 77445

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