11526 Walters Rd, Houston, TX 77067
- $370,000
- List Price
- $370,000
- Status
- ACTIVE
- MLS#
- 37132782
- Days on Market
- 1
- Lot Size
- 38,960
- Lot Size Source
- Appraiser
- Subdivision
- Rushwood Sec 01
- Region
- 13
- Market Area
- 1960/Cypress Creek South
- County
- Harris
Property Description
• Value-add opportunity priced to sell — well below replacement cost at just $74/SF • 5,400 SF commercial building on 0.89 acres (38,960 SF lot) • Former daycare center with existing layout and parking infrastructure • Full remodel needed — blank canvas for buyer's vision • Flexible layout supports multiple uses: daycare, church, auto parts, retail, or office • Excellent frontage and signage visibility on Walters Rd • Convenient access to I-45 and Veterans Memorial Drive • Strong lot-to-building ratio with room for expansion or additional parking • Total assessed value $522,339 vs. list price — significant equity margin • North Houston submarket experiencing rapid residential and commercial growth
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Additional Information
- Finance Available
- Cash, Conventional, Owner May Carry, Texas Vet, VA Loan
- Taxes
- $14,416
- Neighborhood
- 1960/Cypress Creek South
- Utilities
- Cable Available, Electricity Available, Phone Available
- Lot Description
- Corner Lot
- School District
- Spring
- Elementary School
- Joan Link Elementary School
- Middle School
- Stelle Claughton Middle School
- High School
- Westfield High School
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Listing courtesy of McAlister Real Estate.