4609 LAURA KOPPE ROAD, HOUSTON, TX 77016
Homes for sale in Houston.
Homes for sale in 77016.
4609 Laura Koppe Road
Houston, TX 77016
List Price$349,900
Listing #87977340
0.62
Acre
Lots / Land
Type
About This Property
Prime investment opportunity for redevelopment or immediate rental income. This property consists of five adjacent lots (Lots 14--18) with approximately 325 feet of frontage, including a corner at Lavender Street. Strategically located just ½ mile from Freeway 59, the site benefits from a newly expanded four-lane thoroughfare, increasing visibility and traffic flow. Two existing buildings--4609 (5,194 SF) and 4625 (3,360 SF)--are functional. 4609 needs $40K--$50K in renovations (last rented in 2023 for $2,300/month and currently renting $2500.00), while 4625 is leased as a convenience store for $2,200/month. Owner is over 70 and ready to sell. Ideal for developers considering a shopping center, self-storage, apartment complex, or motel. Property is being sold AS-IS, WHERE IS--no repairs will be made by seller. Strong future potential with income now and long-term upside. For 4609 Laura Koppe, the list price is 399,900.00
Property Features
Location Information
County
Harris
Longitude
-95.322065
MLS Area
Northside
Subdivision
Buckingham Place Sec 01
Latitude
29.840819
Directions
From 59 freeway northbound, exit and east on Laura Koppe Rd, approx 1/2 mile on your left, between Knoxwood St and Lavender St
Exterior Features
Acre Range
1/2 Up to 1 Acre
Lot Size in Sq. Ft.
27,000
Lot Description
Cleared, Interior Lot, Open Lot
Is One Story
No
Lot Size in Acres
0.62
School
School District
Houston
Middle School
KEY MIDDLE SCHOOL
Elementary School
COOK ELEMENTARY SCHOOL (HOUSTON)
High School
KASHMERE HIGH SCHOOL
Additional Information
Finance Available
Cash, Conventional
Year Built
0
Property Type
LL
Status
Active
Similar Listings
Mortgage Calculator
$1,632
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,260
Monthly Tax
$291
Monthly Insurance
$81
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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