2042 Teal DR new Save Request In-Person Tour Request Virtual Tour
Spring,TX 77386
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $139
Subdivision Spring Hills 05
MLS Listing ID 24089296
Style Traditional
Bedrooms 7
Full Baths 4
Half Baths 1
Year Built 1974
Annual Tax Amount $9,910
Tax Year 2024
Lot Size 0.817 Acres
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.
Location
State TX
County Montgomery
Area Spring Northeast
Rooms
Other Rooms Breakfast Room,Family Room,Formal Dining,Garage Apartment,Guest Suite w/Kitchen,Living Area - 1st Floor,Living Area - 2nd Floor,Quarters/Guest House
Kitchen Breakfast Bar,Island w/ Cooktop,Kitchen open to Family Room,Walk-in Pantry
Interior
Heating Central Gas
Cooling Central Electric
Flooring Carpet,Tile,Vinyl Plank
Fireplaces Number 1
Fireplaces Type Wood Burning Fireplace
Exterior
Exterior Feature Greenhouse,Partially Fenced,Sprinkler System,Workshop
Parking Features Detached Garage
Garage Spaces 1.0
Pool In Ground
Roof Type Metal
Building
Lot Description Corner
Dwelling Type Free Standing
Story 2
Foundation Slab
Sewer Septic Tank
Water Public Water
Structure Type Brick
New Construction No
Schools
Elementary Schools Ford Elementary School (Conroe)
Middle Schools Irons Junior High School
High Schools Oak Ridge High School
School District 11 - Conroe
Others
Special Listing Condition Sellers Disclosure