213 Maple StHighlands, TX 77562

Property Details for 213 Maple St

Lot size

1.00 AC

Property type

Specialty properties

APN

410380000090

APU

410380000090

Description

This exceptional 24-unit senior living facility, located at 213 Maple St., Highlands, TX 77562, presents a unique investment opportunity. Situated on a wooded lot in eastern Harris County, approximately two miles north of Interstate 10, this property offers a tranquil setting with an outdoor walking trail. The building comprises 24 individual units, each pair sharing a common bathroom and shower. Shared interior common areas include a kitchen, offices, dining area, and multiple relaxation zones for residents to socialize, read, watch television, or engage in individual or group activities. Recently, eight units underwent mold remediation, meeting all industry safety standards. These eight units require refinishing (sheetrock, paint, electrical, plumbing fixtures). Current residents will vacate by the end of September, allowing a new owner to renovate and re-lease. The asking price of $1,300,000 reflects a $300,000 reduction from the average price of comparable land and buildings in the area. The property is conveniently located near Baytown (6 miles southeast) and Crosby/Kingwood (northwest). This property is being offered by a non-profit organization shifting its focus.

• Alternative Use

  Use

  Valuation

  Residential

  $13,706,245

  Hospitality

  $12,554,846

  Educational

  $10,445,485

  Medical

  $10,804,721

  Retail

  $16,248,532

Location Insight

City

Highlands

County

Harris

State

Texas

Latitude

29.8211

Longitude

-95.0611

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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