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2927 & 2831 Louetta - 4.6 Acres - Louetta Rd

4.6 Acres of Commercial Land Offered at $1,800,000 in Spring, TX 77388

Investment Highlights

  • Great Location on Louetta Rd - 461' of frontage
  • Utilities to the site
  • Plenty of depth to property - 380' of depth
  • Multiple structures on the property which can be refurbished or or could be a total demolish/redevelopment play

Executive Summary

Price reduced!!! Approximately 4.6 acres on busy Louetta Rd, located in growing Spring, Tx. - under $9.00/sf!!! Property is currently being leased whereby Tenant can be given 90 day notice. Buyer could allow them to stay and earn income while getting their planned development permit approved.

Property Facts

Price $1,800,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Multifamily
  • Service Station
Total Lot Size 4.60 AC
Cross Streets Little Wing Dr

1 Lot Available

Lot

Price $1,800,000
Price Per AC $391,304.35
Lot Size 4.60 AC

Lot consist of three HCAD parcels: 1. 042-185-000-0417 - 1.6877 acres 2. 042-185-000-0692 - 1.5 acres 3. 042-185-000-0415 - 1.4 acres

Description

Property was formerly used as boat repair shop for many years. Multiple structures on the property which can be refurbished if buyer desires or could be a total demolish/redevelopment play. MUD 104 currently serves property.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0421850000415
Land Assessment
$368,520
Improvements Assessment
$0
Total Assessment
$368,520

zoning

Zoning Code None (Unrestricted other than architectural and usage approval by MUD district.)
None (Unrestricted other than architectural and usage approval by MUD district.)
  • Listing ID: 28378800

  • Date on Market: 5/2/2023

  • Last Updated:

  • Address: 2927 & 2831 Louetta, Spring, TX 77388

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