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$695,000

Est. payment - /mo

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7 Beds

4.1 Baths

5,000 SqFt

New

2042 Teal DR Spring, TX 77386

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Cole & Kelly Watkins

The Bridge Group | eXp Realty

[email protected] +1(281) 785-1456

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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

Acres 0.8167

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

Bedroom Description Primary Bed - 1st Floor,Walk-In Closet

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

Master Bathroom Half Bath, Primary Bath: Separate Shower, Primary Bath: Shower Only, Secondary Bath(s): Tub/Shower Combo

Kitchen Breakfast Bar, Island w/ Cooktop, Kitchen open to Family Room, Walk-in Pantry

Interior

Interior Features Fire/Smoke Alarm, High Ceiling, Water Softener - Owned

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

Private Pool Yes

Building

Lot Description Corner

Dwelling Type Free Standing

Story 2

Foundation Slab

Lot Size Range 1/2 Up to 1 Acre

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

Senior Community No

Restrictions No Restrictions

Tax ID 8990-05-04200

Energy Description Attic Fan,Attic Vents,Ceiling Fans,Digital Program Thermostat

Tax Rate 1.5795

Disclosures Sellers Disclosure

Special Listing Condition Sellers Disclosure

Houston Association of Realtors (HAR MLS)

Listed by eXp Realty LLC • Jake Johnston

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Cole & Kelly Watkins

+1(281) 785-1456

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2042 Teal DR Spring, TX 77386

Cole & Kelly Watkins

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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2042 Teal DR