$1,800,000
For Sale

511 Gulf Bank Road #5

Houston, TX 77037
5800 sqft | 3 beds | 2 baths | 4.51 acres | #56432460
Browse 34 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

This commercial property at 511 Gulf Bank offers a fantastic opportunity for investors looking to capitalize on a current cash flow and the potential for future expansion. Situated on over 4.5 acres, this prime location is ideal for constructing a commercial building. With a price tag of $1,800,000, this multi-family property boasts multiple detached dwellings and spans across 5,800 square feet. Built in 1960, the property also offers ample space with its expansive lot size of 196,590 square feet. Don't miss out on this remarkable chance to own a profitable commercial property in a sought-after area.

  • Property Details
      • Property SubtypeMulti Family, Multiple Detached Dwellings
      • High SchoolALDINE HIGH SCHOOL
      • Middle SchoolGrantham Academy
      • Lot Description2 Up to 5 Acres
      • Elementary SchoolRAYMOND ACADEMY
      • Property TypeMulti-Family
      • School District1 - Aldine
      • SubdivisionHill W L
      • MLS #56432460
      • MLS #56432460
      • Cost1800000
      • Acres4.5131
      • CountyHarris
      • Taxes Annual$7,416
      • Square Feet5800
      • Year Built1960
      • Bedrooms3
      • Bathrooms2
      • Full Baths2

Location

Our Texas Real EstateReal Estate Group
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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