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3315 Fm 523, Oyster Creek, TX 77541

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For Sale

$1,290,000

14 baths • 3 half baths • 14,670 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $87.93
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Presenting an exceptional opportunity to acquire a distinctive commercial property sprawling across nearly 9 acres, featuring six versatile buildings, a covered basketball court, and equipped with fencing and a paddock for horses. This expansive estate is a blank canvas, ripe for future development and ideal for a variety of business ventures or community-focused initiatives. 1) Residence 1: This impressive 3,000 square foot brick veneer structure boasts a pitched metal roof and offers three bedrooms alongside three convenient half bathrooms. The interior includes a spacious living area and a stylish paneled study, enhancing its appeal for both residential and commercial use. A well-appointed commercial kitchen and a storage area at the rear make it an excellent choice for hosting events or gatherings. The residence features durable ceramic tile flooring, eight-foot ceilings, and is equipped with central heating and cooling. Additional highlights include a sprinkler system and a backup generator, ensuring peace of mind for any use of the property. 2) Residence 2: Recently remodeled, this 2,524 square foot brick veneer residence exudes modern charm and practicality. It offers four bedrooms and three full bathrooms, complemented by a welcoming living area and an elegant dining room. Finished with ceramic tile flooring and painted textured sheetrock, this space is designed for comfort. The entire building is equipped with fire sprinklers, enhancing its safety and versatility. 3) Residence 3: This adaptable 2,812 square foot residence is partitioned into 5 living suites, each thoughtfully designed with 1 Bed, 1 bath and laminate countertops. A central laundry room with an extra sink adds to the convenience. Complete with eight-foot ceilings and a backup generator, this space is perfect for group accommodation or short-term rentals, catering to a variety of needs. 4) Residence 4: Another expansive offering, this 2,798 square foot dwelling features 6 bedrooms and 4 full bathrooms, including three ensuite options. A full modern kitchen connects to the living area, which showcases ceramic tile flooring. The eight-foot ceilings, textured sheetrock, central air conditioning, and heating systems add to its comfort. Fire sprinklers and a backup generator further enhance the safety and reliability of this residence. 5) Schoolhouse: This unique stucco over concrete block structure has approximately 40% of its area dedicated to storage with impressive 14+ foot ceilings. The remaining space is finished and partitioned with 2 class rooms, including two bathrooms equipped with showers. This versatile area is ideal for educational programs, group activities, or retreats. Durable vinyl flooring and a backup generator make it a practical choice for various uses. 6) Barn/Warehouse: The 1,530 square foot barn/warehouse offers practical space featuring concrete floors and two roll-up doors, suitable for storage, operations, or various business needs. INVESTMENT HIGHLIGHTS: This property embodies immense potential, making it perfect for a youth camp, church retreat, short-term housing, or other innovative uses. Each building is equipped to cater to diverse needs, ensuring adaptability for various community programs or commercial enterprises. The property's blend of spacious grounds and versatile structures offers a unique investment opportunity not to be missed. Don't miss your chance to invest in a property with significant growth potential and the capacity to make a lasting impact on the community. Explore the possibilities today!
MLS# 11334097

Courtesy Of JWang Properties

(281) 451-0185

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Cooling System
    Central A/C
  • Exterior Type
    Brick, Stucco
  • Floor Covering
    Tile
  • Lot Size
    8.88 Acres
  • Roof Type
    Metal

Map and Directions

Directions to 3315 Fm 523, Oyster Creek, TX 77541

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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