18935 Van RdHouston, TX 77049

Property Details for 18935 Van Rd

Lot size

4.50 AC

Property type

Land

Property subtype

Commercial land

APN

431490010220

APU

431490010220

Description

This exceptional 46.24-acre property in Houston, Texas, presents a unique investment opportunity. Located at 18935 Van Rd, 77049, in Harris County, this multifamily property boasts a substantial 6,492 square foot apartment building constructed in 1975, featuring two stories. The asking price is $2,900,000, translating to $447 per square foot. Beyond the apartment building, the property includes a 2,492 square foot, four-bedroom, one-bathroom residence; a 5,000 square foot shop; and a five-acre stabilized, fenced-in truck yard currently in use. Adding to its appeal is a stocked bass pond and an impressive 821.83 feet of San Jacinto River frontage. The property's versatility makes it suitable for residential, commercial, or industrial development, offering significant potential for future growth and returns. Its expansive size, waterfront access, and existing structures provide a solid foundation for a variety of investment strategies. This is a rare opportunity to acquire a large-scale property with diverse uses in a desirable Houston location.

• Alternative Use

  Use

  Valuation

  Residential

  $61,678,100

  Hospitality

  $56,496,808

  Educational

  $47,004,680

  Medical

  $48,621,244

  Retail

  $73,118,392

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.8601

Longitude

-95.0944

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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