Porter Specialty for Sale - Outlying Montgomery Cnty
Investment Property with Strong Cash Flow & Expansion Potential
?? Porter, Texas | ?? Income Producing | ?? $7,200+ Monthly | ?? Expansion-Ready
?? Property Overview:
Rare investment opportunity on 2 acres of unrestricted land in Porter, TX — already producing steady income and with room to scale.
The property currently features 8 tenant units under contract generating $7,200/month in gross rent. In addition, the main house (built 1952) will be vacant upon sale, offering a new owner the choice to live on-site or convert to another income unit.
??? 8 leased units + 1 main house
?? $7,200 monthly gross income (with additional upside)
?? Room to add approximately 10 more tiny homes or rental units
2 acres of land — unrestricted (no zoning restrictions)
Existing infrastructure: utilities, water, septic, power, driveways
Well-kept grounds, outdoor common area, sheds & storage buildings
Investment Highlights:
Immediate cash flow — stable tenants on existing leases
Expansion potential — infrastructure already in place to scale
Located in a fast-growing area of Montgomery County
Easy access to major highways, retail, and residential growth corridors
Ideal for 1031 exchange, owner-operators, or developers
Development & Value Add:
Unrestricted zoning allows for flexible use
Land layout and utility access make expansion fast and cost-efficient
Potential gross income with additional 10 units = $15,000+ / month
Perfect candidate for a tiny home community or short-term rental hub
Financial Snapshot:
Current Monthly Income: $7,200
Annual Gross Income: $86,400+
NOI (est.): $60,000+ (conservative)
Cap Rate (at list price $1.1M): ~5.5%+ with upside
Location Benefits:
Minutes from Hwy 59 and Grand Parkway
Quick access to Houston metro area
Strong rental demand in the area
Growth corridor with new housing developments nearby
Additional Info:
The main house is older (built 1952) and may benefit from renovations or conversion to additional rental space.
All tenants are under contract with reliable income.
Property will be delivered with clear title.
Seller open to fast close and potential seller financing for qualified buyers.
? Ideal For:
Real estate investors seeking stable cash flow
Developers looking for a flexible expansion project
Owner-operators who want to live on site
1031 exchange buyers needing quick reinvestment
Contact: Mina Sebastianelli
[Mina.Sebastianelli@gmail.com] | ?? [713-305-3007]
Showings by appointment only.
