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$380,000

5620 Spindle Drive, Houston, TX, 77086

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About this property

This property presents a great opportunity. Almost 1 acres lot near Hwy 249 and Antoine in unrestricted area of Houston with countless possibilities on what you can do with it. This lot is ready for commercial or residential development and presents an ideal opportunity for those seeking to build a home, establish a thriving business or create a unique mixed-use development. Its accessible location ensures convenience, so you can bring your aspirations to life without delay. Many new built shopping strips, commercial and residential developments are going on surrounding the property. Don’t miss out on this versatile piece of real estate—contact us now! This property can be purchased with adjacent lot, house, trailer home and buildings that will give a combined 3.78 ACRES!!! There is no legal address for this property as it is currently part of 5626 Spindle Dr. which will be subdivided.

Investor Tools

$0Estimated Mortgage Balance
$380,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,280 /month
Positive
Cash Flow Estimate:
$760 /month

Interested in this property?

Shawn Dangerfield

Redwood Realty Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Houston