#81802835, Chelsea Holden, Listing office: CB&A, Realtors
2042 Teal Dr Spring, TX 77386
Property details
About 2042 Teal Dr
Investor’s Dream – Multi-Unit Property on corner lot w/ Huge Upside & No Restrictions. Rare opportunity to acquire a versatile, income-generating property, & run your own business. Sprawling .87 acre, corner lot in a high-demand rental market. Unique setup features three separate units: 1) 2-bed/1-bath upstairs, 2) 3-bed/2-bath downstairs, 3) a private 2-bed, 1 bath apartment or office space—ideal for short or long-term tenants, multigenerational living or medical long term housing. Expansive lot offers abundant parking, outdoor living space, and potential for future expansion or added amenities. Located in a desirable area w/ strong rental comps and lot of growth potential, this property is perfect for investors looking to add value, generate consistent cash flow, and build long-term equity. This is a prime opportunity to create a high-performing asset with excellent ROI. Close proximity to The Woodlands, Hwy 99, I45, Exxon Campus 7 Bush Airport, approx. 35 mins to downtown Houston.
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 4
- Appliances: Double Oven, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Water Softener
- Flooring Type: Carpet, Plank, Tile, Vinyl
- Interior: Breakfast Bar, High Ceilings, Kitchen Island, Kitchen/Family Room Combo, Bath in Primary Bedroom, Separate Shower, Tub Shower, Walk-In Pantry, Ceiling Fan(s), Programmable Thermostat
- Fireplace: Wood Burning
- Total Bedroom Count: 7
- Garage Space: 1 space
- Attached Garage: No
- Private Pool: Yes
- Parking: Detached, Garage
- Exterior: Fence, Sprinkler/Irrigation
- Architectural Style: Traditional
- Heating: Central, Natural Gas
- Cooling: Central Air, Electric, Attic Fan
- List Price: $695,000
- Price/SqFt: $139
- Annual Tax Amount: $9,968
- Tax Year: 2024
- Lot: Corner Lot
- Directions: From I45N, East of Rayford Rd. Right on E. Hawthorne. Property is on the corner of Teal & E. Hawthorne
- Year Built: 1974
- Stories: 2
- Living Area: 5,000 SqFt
- Lot Size: 0.8167 Acres
- MLS Number: 24089296
- MLS Name: HAR
- Office Name: eXp Realty LLC
- Office Phone: (888) 519-7431
- Office Email: tx.membership@exprealty.com
- Listing Agent: Jake Johnston
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Last updated on: 7/2/2025, 11:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $627,394 | $9,968 |
2023 | $574,510 | $9,968 |
2022 | $331,320 | $5,748 |
2021 | $286,520 | $4,708 |
2020 | $246,490 | $5,809 |
2019 | $298,830 | $3,179 |
2017 | $344,900 | $6,970 |
History based on county public records data.
Nearby schools
6
A. Davis Ford Elementary School
Public District PK-4
1.5 mi
•25460 Richards Rd
6
Northgate Crossing Elementary School
Public District PK-5
1.7 mi
•23437 Northgate Crossing Blvd
8
George C. Kaufman III Elementary School
Public District KG-4
1.9 mi
•2760 Northridge Forest Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $52,698. The most common annual income of people living in Spring, TX is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
Similar homes for sale
Frequently asked questions
Living in Spring, TX
Transportation in Spring includes a network of major roads and highways that facilitate travel and commuting to nearby areas. Public transportation options are available, providing connectivity within the community and to adjacent regions. The area is also served by a selection of ride-sharing options, enhancing mobility for residents without personal vehicles. Certain neighborhoods in Spring are known for their walkability, offering residents the convenience of accessing services and amenities on foot.
Residents of Spring benefit from a solid educational system with a variety of public and private schools serving the community. Healthcare services are accessible, with clinics and hospitals providing a range of medical care. The community also enjoys a selection of retail and dining options that reflect the local culture, with both chain stores and independent businesses present. Public libraries serve as valuable resources for education and community activities.
Spring is celebrated for its family-friendly atmosphere and a strong sense of community. The area prides itself on its green spaces and recreational facilities that contribute to the overall quality of life. Seasonal events and local festivals are integral to the community, fostering a spirit of togetherness and celebration of local heritage and traditions.
The housing landscape in Spring offers a diverse array of options, with single-family homes being a significant component of the market. Architectural styles vary, featuring traditional, ranch, and contemporary designs that cater to a range of aesthetic preferences. The area has seen a mix of established neighborhoods with mature trees and newer developments that offer modern amenities. While the majority of residents are homeowners, there is also a selection of apartment complexes and townhouses that provide alternatives for those preferring to rent.
About 2042 Teal Dr
The listing price of 2042 Teal Dr property is $695,000.
The property 2042 Teal Dr is a house located in Spring, Texas, 77386.
Active Listing: 2042 Teal Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2042 Teal Dr are: A. Davis Ford Elementary School (GreatSchools Rating 6/10), Northgate Crossing Elementary School (GreatSchools Rating 6/10), George C. Kaufman III Elementary School (GreatSchools Rating 8/10), Springwoods Village Middle School (GreatSchools Rating 5/10), C. D. York Junior High School (GreatSchools Rating 7/10), Neal Knox Junior High School (GreatSchools Rating 8/10), Grand Oaks High School (GreatSchools Rating 7/10), Carl Wunsche Sr High School (GreatSchools Rating 8/10), Legacy School of Sport Sciences (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $9,968 (source: MLS/based on county public records data).
The property at 2042 Teal Dr has 7 bedrooms and 4 full and 1 half bathrooms.
The property 2042 Teal Dr is 5,000 SqFt (source: MLS/tax record).
The year of construction for 2042 Teal Dr is 1974.
This home is located at 2042 Teal Dr in Spring, TX and zip code 77386. This 5,000 square foot home, which was built in 1974, sits on a 0.82 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since June 12, 2025 and is currently priced at $695,000.
In June 2025, from all listings sold in Spring, TX there were more than 78 sold above asking price, over 289 sold below and more than 111 were sold right at the asked price. Between May and June 2025, Spring, TX real estate market has seen increase in the number of listings by 8.4%. The median list price of listings available in June 2025 was $376,306, while the average time on the real estate market was 32 days.