2302 Main St Waller, TX 77484
Estimated payment $13,778/month
About This Lot
Prime Multi-Purpose Property in Downtown Waller - Near City Hall & City Park.
This exceptional 11,250 SF building, built in 1935 and recently refurbished offers a rare opportunity to invest in a prime location in the heart of Waller. Situated just steps from City Hall and the City Park, this property benefits from both foot traffic and a vibrant community atmosphere. The building is currently 2/3 leased, with two established tenants: a gym and a hair salon occupying all but 3,800 SF. The remaining 3,800 SF located on the north end of the building offers flexibility for various uses.
In addition to the 11,250 SF building, the property includes nearly two full lots, totaling 12,426 SF, providing significant room for future development or expansion. This offers investors an immediate cash flow from the existing tenants while also presenting long-term potential for growth in a rapidly expanding area.
Waller is experiencing significant growth, with a small-town charm that is attracting major commercial and residential developments. The location offers convenient access to Highway 290, the Grand Parkway, FM 2920, and FM 362, making it easy to reach the greater Houston area.
Key Features:
* 11,250 SF building with recent refurbishments
* 2/3 leased with established tenants: Gym and Hair Salon
* 3,800 SF available for lease
* 12,426 SF of additional land for future development/expansion
* Prime location in downtown Waller, near City Hall and City Park
* High-growth area with commercial and residential developments booming
* Excellent access to Hwy 290, Grand Parkway, FM 2920, and FM 362
* Ideal for investors seeking immediate cash flow with expansion opportunities
This property offers an attractive combination of steady rental income and the potential for future growth. Whether you're an investor or a business owner looking for a property with ample space for operation and expansion, this opportunity is one not to be missed.
Listing Agent
Waller Company
Waller County Land Company License #315435 Listed on: 09/12/2023
Property Details
Property Type
- Land
Lot Details
- Chain Link Fence
- Corner Lot
- Current uses include commercial
- Potential uses include commercial
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,189 | $2,585,940 | $120,770 | $2,465,170 |
| 2024 | $10,189 | $904,590 | $120,770 | $783,820 |
| 2023 | $10,189 | $576,310 | $120,770 | $455,540 |
| 2022 | $9,748 | $542,230 | $108,170 | $434,060 |
| 2021 | $11,933 | $462,020 | $86,970 | $375,050 |
| 2020 | $10,913 | $413,870 | $86,970 | $326,900 |
| 2019 | $7,059 | $259,160 | $86,970 | $172,190 |
| 2018 | $6,750 | $256,930 | $84,740 | $172,190 |
| 2017 | $6,923 | $256,930 | $84,740 | $172,190 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/12/2023 09/12/23 | For Sale | $2,475,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | Stewart Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $230,000 | Commercial |
- 0000 Cherry St
- 0 None Unit 78084118
- 221 Arborwood Dr
- 217 Arborwood Dr
- 2103 Taylor St
- 40344 Business U S 290
- 1203 Penick Rd
- 18633 Penick Rd
- 000 Sledge St
- 31921 Waller Tomball Rd
- 1604 Pine St
- 2703 Holly St
- 2995 Pecan Ave
- 2707 Center St
- 2411 Orange St
- 31730 Waller Tomball Rd
- 2518 Daugherty St
- 31907 Ironwood Dr
- 1915 A St
- 2017 Penick Rd
- 2519 Washington St Unit 205
- 2519 Washington St
- 1315 Penick Rd
- 1315 Alliance St Unit 4
- 31731 Waller Tomball Rd
- 31816 Waller Tomball Rd Unit 25
- 3025 Waller St
- 1915 Solomon St
- 19610 Fm 362 Rd
- 31623 Waller Tomball Rd
- 231 Park Place Cir Unit D
- 203 Park Place Cir Unit D
- 215 Park Place Cir Unit D
- 103 Park Place Cir Unit B
- 2414 Penick Rd
- 2101 Reinke Rd Unit 3101
- 2101 Reinke Rd Unit 2106
- 2101 Reinke Rd Unit 3102
- 2101 Reinke Rd Unit 1105
- 31200 Fm 2920 Rd