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Henderson Rd
Angleton, TX 77515
120 Unit MF Development Site · Land For Sale
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4.98 AC
PROPERTY FACTS
| Property Type | Land | Proposed Use | Multifamily |
| Property Subtype | Commercial | Total Lot Size | 4.98 AC |
| Zoning | MFR-29 | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 4.98 AC |
| Zoning | MFR-29 |
DESCRIPTION
Address/Location Just west of Northway Baptist Church, 1421 Buchta Rd, Angleton, TX 77515 on E. Henderson Rd Latitude, Longitude 29.193582, -95.413861 Acres ± 4.987 Parcel ID 230204 Zoning Multifamily Residential – 29 (MFR-29) Jurisdiction City of Angleton Access & Visibility Frontage of Henderson and Access to the northern area of Angleton including new Angleton ISD campus Entitlement Expect Final Plat Approval in October 2021 pending payment of impact fees Tax Rate 2.74% Utilities All utilities available through the City of Angleton Floodplain Zone X, above 500 year flood level Price $1,050,000 Close prox. to new Angleton ISD campus and growing northside of Angleton Ask Price of $1,050,000 The project thesis is to build a B/B+ project in a market that has seen population growth, but no new units since 2014 and very few in the last 20 years. The project calls for smaller units than the competitive set and under cutting gross rents from your 2014 competitor, while having superior finishes, designs, and amenities.
PROPERTY TAXES
| Parcel Number | 0318-0055-000 | Improvements Assessment | $0 |
| Land Assessment | $47,250 | Total Assessment | $47,250 |
PROPERTY TAXES
