2.19 Acres, 20th St & Ave L 1/2

Lot Description

Rare Investment Opportunity.Prime development location only seconds from Sam Houston State University. This 2.19 acres currently has 15 multi-family units and 5 single family homes making it an attractive covered land play. Develop now or hold the property for income while it appreciates. The property currently has 12 & 8 sewer lines onsite with additional 6 sewer lines along both street frontages. 12 water line available on 20th St. as well as a 6 on Ave L 1/2. One of the few remaining sites allowing for High-Density Residential.Do not miss this opportunity. Contact us today. Property Features Located only seconds from Sam Houston Ave & Sam Houston State University one of the fastest growing colleges in Texas. Current Income from 5 Single Family Homes and 15 Multi-family Units. All Utilities Available One of the few remaining sites of this size available near Shsu 2.19 acres Close to Retail, Restaurants, & Parks making it attractive to tenants/customers.MARKET Highlightshuntsville, Texas offers an excellent quality of life and is home to Sam Houston State University one of the fastest-growing universities in the state. It also has a number of other major employers such as Tdcj, Region 6 Educational Service Center, Walmart, Weatherford, and many others, making it an increasingly valuable investment market.Sam Houston State University has a growing population of 21,000+ students which continues to increase the demand and spending in this location. Demographics 1 Mile3 Mile5 MileTotal Population 2022 14,168 40,379 49,553Total Daytime Population 16,087 36,964 44,657Average HH Income $ 50,094 $ 55,851 $ 63,665 Demographic data derived from 2022 Stdb