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2042 Teal Drive

Spring, TX 77386

7 beds
4.5 baths
5,175 sqft
~3/4 acre lot
$142 per sqft
1974 build
– on site

Remarkable Investment Opportunity on Full Acre: Multi-Unit Property with Tremendous Potential. This versatile residence offers three separate rental units: upstairs features 2 beds, 1 bath, kitchen, breakfast area, and spacious living room; downstairs provides 3 beds, 2 baths; plus a separate 1-bedroom apartment/office space. Located in a desirable area with strong rental demand, this property presents the perfect opportunity to renovate and create a profitable multi-unit investment. The generous one-acre lot offers ample parking, outdoor living potential, and room for future expansion. Strategically priced to accommodate your renovation vision while promising substantial returns for the savvy investor.

Listing courtesy of HAR / eXp Realty LLC

Last checked: Checking… • Last updated Mar 14, 2025 •

MLS# 48970306 —

The Building

Year Built:

1974
Year Built Source:

Appraisal District
New Construction:

No
Style:

Contemporary/Modern
Dwelling Type:

Free Standing
Roof:

Metal
Stories:

2
Siding:

Brick, Wood
Foundation:

Slab

Interior

Room Count:

22
Room Description:

Breakfast Room, Den, Formal Dining, Living Area - 1st Floor, Living Area - 2nd Floor, Utility Room in House
Total Fireplaces:

1

Financial & Terms

Finance Available:

Cash Sale, Conventional, FHA, VA
Price SqFt List:

$143
Price Acre List:

906085.47

Location

Directions:

Follow I-45 N to N Fwy Service Rd. Take exit 73 from I-45 N toward Rayford Rd/Sawdust Rd. Turn right onto Rayford Rd. Turn right onto E Hawthorne Dr. Turn right onto Teal Dr.
Latitude:

30.119030
Longitude:

-95.412078

The Property

Property Type:

Single-Family
Section Number:

5
Parcel Number:

8990-05-04200
Acres:

0.8167
Acres Description:

0 up to 1/4 Acres
Lot Description:

Corner
Lot Size:

35,575 Sqft
Lot Size Source:

Appraisal District
Lot Price SqFt List:

20.80
Total SqFt:

5,175 Sqft
SqFt Source:

Appraisal District
Area:

15
Private Pool:

Yes
Private Pool Description:

Gunite
Pool Area:

No

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Rate:

$1.58
Tax Amount:

$9,910

Beds

Total Bedrooms:

7
Bedroom Description:

Primary Bed - 1st Floor

Baths

Total Baths:

4.10
Full Baths:

4
Half Baths:

1

The Listing

Status:

Active
Disclosures:

Sellers Disclosure

Heating & Cooling

Heat System:

Central Electric
Cool System:

Central Electric

Utilities

Water/Sewer:

Septic Tank

Schools

Elementary:

FORD ELEMENTARY SCHOOL (CONROE)
Middle School:

IRONS JUNIOR HIGH SCHOOL
High School:

OAK RIDGE HIGH SCHOOL
Additional School:

VOGEL INTERMEDIATE SCHOOL
School District:

11 - Conroe

The Community

Subdivision:

Spring Hills 05
Active Community 55:

No
Restrictions:

No Restrictions
HOA Mandatory:

No
Annual Maintenance:

No
Other Fees:

No
Master Planned Community:

No

Parking

Garage Description:

Oversized Garage
# of Garage Cap:

2

Monthly cost estimate

Asking price

$740,000

Expense	Monthly cost
Mortgage	$3,962
Taxes	$825
Insurance	$203
Utilities	$228 See report
Total	$5,218/mo.^*
	^*This is an estimate

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This house located in TX 77386 is currently for sale for $740,000. 2042 Teal Drive is a 5,175 square foot house with 7 beds and 4.5 baths that has been on Estately for 1 days. This house is in the attendance area of Gerald D Irons Jr High School, Vogel Intermediate School, Ford Elementary School, and Oak Ridge High School.

Listing Courtesy of: HAR and eXp Realty LLC.

© 2025 Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified. Houston Realtors Information Service, Inc., Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Houston Realtors Information Service, Inc. and Estately assume no responsibility for typographical errors, misprints or misinformation. This property listing is offered without respect to any protected classes in accordance with the law.