$695,000

2042 Teal Drive, Spring, TX 77386

  • 7 beds |
  • 5 baths |
  • 5,000 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1974
  • Property Lot Size Icon0.82acre lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $139/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Investor’s Dream – Multi-Unit Property on corner lot w/ Huge Upside & No Restrictions. Rare opportunity to acquire a versatile, income-generating property, & run your own business. Sprawling .87 acre, corner lot in a high-demand rental market. Unique setup features three separate units: 1) 2-bed/1-bath upstairs, 2) 3-bed/2-bath downstairs, 3) a private 2-bed, 1 bath apartment or office space—ideal for short or long-term tenants, multigenerational living or medical long term housing. Expansive lot offers abundant parking, outdoor living space, and potential for future expansion or added amenities. Located in a desirable area w/ strong rental comps and lot of growth potential, this property is perfect for investors looking to add value, generate consistent cash flow, and build long-term equity. This is a prime opportunity to create a high-performing asset with excellent ROI. Close proximity to The Woodlands, Hwy 99, I45, Exxon Campus 7 Bush Airport, approx. 35 mins to downtown Houston.

Listing Status:
Active
Date Added:
June 12, 2025 at 05:00AM
Listing Office:
eXp Realty LLC : 888-519-7431
Listing Agent:
Jake Johnston : 1+281-660-4797
MLS ID:
24089296
  • General: High CeilingsPrimary Bed - 1st FloorWalk-In Closet(s)
  • Appliances: DisposalWater SoftenerDouble OvenElectric OvenGas CooktopDishwasher
  • Laundry: Electric Dryer HookupWasher Hookup
  • Flooring: CarpetTileVinyl Plank
  • A/C: Attic FanCeiling Fan(s)Electric
  • Heating: Natural Gas
  • Fireplace: Wood BurningFireplaceFireplaces: 1
  • Eco/Green Feature: Attic VentsThermostat

This listing courtesy of Jake Johnston, eXp Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Ford Elementary School

25460 Richards Rd, Spring, TX, 77386

Grades PK-4

1.58 miles away

I

Irons Junior High School

16780 Needham Rd, Conroe, TX, 77385

Grades 7-8

6.33 miles away

O

Oak Ridge High School

27330 Oak Ridge School Rd, Conroe, TX, 77385

Grades 9-12

4.06 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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