1961 Fm 1375 RdHuntsville, TX 77340

  • Other commercial real estate
  • 309 SF
For Sale
$2,950,000 View listing

Property Details for 1961 Fm 1375 Rd

Year built
2006
Lot size
46.57 AC
Property size (Sq ft)
309 SF
Property type
Other commercial real estate
APN
21229
APU
21229

Description

This exceptional Texas property offers a unique blend of commercial and residential opportunities. Nestled on over 53 acres of unrestricted land in Huntsville, Walker County, this expansive estate includes a 7,400 square foot event venue complete with a commercial kitchen and restrooms, perfectly suited for weddings or corporate events. The property also boasts a luxurious 5,700 square foot, two-story home capable of comfortably accommodating nineteen or more guests. Amenities include a heated pool, a private pond, and ample parking, including a three-car attached garage. Built in 2002, the two buildings sit on a sprawling lot, offering significant development potential. The property's convenient location, just nine minutes from I-45, provides easy access while maintaining a secluded and tranquil atmosphere. The existing infrastructure includes five HVAC systems and a commercial septic system, supporting the versatility of the 7,400 square foot commercial building. This adaptable space could be repurposed for various uses, including a wellness center, convention center, office space, or workshop. The asking price is $2,950,000, with a price per square foot of $226.84. This turnkey operation presents a rare opportunity to acquire a substantial property with diverse income streams and significant growth potential. The property's combination of event space, comfortable lodging, and expansive acreage makes it an attractive investment for a variety of buyers.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $97,227
    Hospitality
    $89,060
    Educational
    $74,097
    Medical
    $76,645
    Retail
    $115,262
1961 Fm 1375 Rd, Huntsville, Texas

Location Insight

City
Huntsville
County
Walker
State
Texas
Latitude
30.5816
Longitude
-95.4436
CBSA code
26660
CBSA name
HUNTSVILLE, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,446
$665,100
$5,390
$670,490
-
$665,100
$5,390
$670,490

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