




$331,999
NAL Estimated Property Value2787 E Fm 517, San Leon, TX, 77539
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About this property
PRIME INVESTMENT PROPERTY THAT CAN BE ZONED COMMERCIAL OR RESIDENTIAL WITH NO RESTRICTIONS! This property fronts FM 517 on a large .79-acre lot with many possibilities. There are (3) Units on the property. The small home on the right side of the property features (2) bedrooms and (1) bath with an outside laundry room. The upstairs unit on the right side of the property is (2) bedrooms, (2) baths, a laundry room, and a glass outside patio balcony. The downstairs unit on the right side of the property was previously a duplex and features (2) bedrooms, (1) bath, (2) living areas, a kitchen, and a utility room complete with a stack washer/dryer. The property line goes far beyond the gated fence in the back of the Units. All Units are currently tenant-occupied. THIS IS AN EXCELLENT INCOME-PRODUCING PROPERTY WITH THE POTENTIAL TO ADD UP TO (10) ADDITIONAL UNITS or A PRIVATE RESIDENCE OR A BUSINESS IN THE BACK. The property will be sold as-is. SELLERS WILL ENTERTAIN ALL OFFERS!
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: San Leon
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