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20th & Ave L 1/2
2.19 Acres of Commercial Land Offered at $1,700,000 in Huntsville, TX 77340
Property Facts
| Price | $1,700,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 2.19 AC |
| Property Type | Land |
| Price | $1,700,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 2.19 AC |
1 Lot Available
Lot
| Price | $1,700,000 | Lot Size | 2.19 AC |
| Price Per AC | $776,255.71 |
| Price | $1,700,000 |
| Price Per AC | $776,255.71 |
| Lot Size | 2.19 AC |
Land Use: Retail, Multi-family, Office, Restaurant, Other
Description
Rare Investment Opportunity! Prime development location only seconds from Sam Houston State University. This 2.19 acres currently has 16 multifamily units and 5 single family homes making it an attractive covered land play. Develop now or hold the property for income while it appreciates. The property currently has 12” & 8” sewer lines onsite with additional 6” sewer lines along both street frontages. 12” water line available on 20th St. as well as a 6” on Ave L ½. One of the few remaining sites allowing for High-Density Residential. Do not miss this opportunity. Contact us today! PROPERTY FEATURES · Located only seconds from Sam Houston Ave & Sam Houston State University (one of the fastest growing colleges in Texas). · Current Income from 5 Single Family Homes and 16 Multifamily Units. · All Utilities Available · One of the few remaining sites of this size available near SHSU (2.19 acres) · Close to Retail, Restaurants, & Parks making it attractive to tenants/customers. MARKET HIGHLIGHTS Huntsville, Tx offers an excellent quality of life and is home to Sam Houston State University (one of the fastest-growing universities in the state). It also has a number of other major employers such as TDCJ, Region 6 Educational Service Center, Walmart, Weatherford, and many others, making it an increasingly valuable investment market. Sam Houston State University has a growing population of 21,000+ students which continues to increase the demand and spending in this location.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $76,160 | Total Assessment | $76,160 |
PROPERTY TAXES
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20th & Ave L 1/2
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