$800,000
●
House -
For Sale
26407 Preston Avenue
Spring, TX 77373
3 Beds
3 Baths
1,388 Ft²
$4,489
Est. Monthly
About This Property
Excellent opportunity to live and work on same property with 3
separate structures, plus ample parking (a rare commodity in Old
Town Spring). 1) Commercial retail space, 1,388 sq ft of prime
storefront location for a retail shop or art gallery with heavy
foot traffic; 2) Garage apartment, newly updated with 840 sq ft and
full kitchen, bath, and laundry (perfect for owners to reside); and
3) Lease the 1-room cottage with kitchenette and bath for
additional income. Property has its own water and septic.
Unit Size
1,388 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$576
Property Type
House
Property Taxes
$560
HOA Dues
-
Year Built
1963
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 12 days ago (HAR #96848493)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 16, 2026 | Listed by eXp Realty LLC | $800,000 | |
| Listed by eXp Realty LLC | |||
| Mar 24, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 23, 2026 | Listed by eXp Realty LLC | $825,000 | |
| Listed by eXp Realty LLC | |||
   | |||
|
Excellent opportunity to live and work on same property with 3 separate structures, plus ample parking (a rare commodity in Old Town Spring). 1) Commercial retail space, 1,388 sq ft of prime storefront location for a retail shop or art gallery with heavy foot traffic; 2) Garage apartment, newly updated with 840 sq ft and full kitchen, bath, and laundry (perfect for owners to reside); and 3) Lease the 1-room cottage with kitchenette and bath for additional income. Property has its own water and septic.
| |||
| Oct 14, 2025 | Listed by eXp Realty LLC | $900,000 | |
| Listed by eXp Realty LLC | |||
| | |||
|
DO NOT MISS THIS OPPORTUNITY for great retail/residential/rental space in the heart of Historic Old Town Spring - a renowned shopping/event destination attracting people from all over, for the quaint specialty shops, fabulous holiday/community events, galleries, artisans, boutiques, furniture/decor, antiques, coffee cafes, desserts/candy stores, restaurants, wine/spirits bar, entertainment! Unique property has 1,388 SqFt of retail commercial space, perfect for a shop or art gallery. Great location with vibrant, high foot traffic area surrounded by restaurants, shops. Private parking on property is a rare hot commodity. Behind retail shop is office space w/kitchenette, bath. Additionally, there's an 840 SqFt 1-bedroom apartment w/full kitchen, bath, laundry room over the garage, plus a rustic 1-room cottage with full bath, kitchenette. Perfect for steady rental income. Great potential to own both commercial and residential property at one address. Property has its own water and septic.
| |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Detached, Additional Parking
Garage Spaces: 1
Interior Details
Full Bathrooms: 3
Interior Features: High Ceilings
Appliances: Electric Oven, Electric Range
Flooring Type: Concrete, Stone, Vinyl
Laundry Features: Electric Dryer Hookup, Washer Hookup
Exterior Details
Square Footage: 1388
Architectural Style: Farmhouse, Other, Traditional
Year Built: 1963
Building Area Total: 1388
Other Structures: Detached Gar Apt /Quarters
Construction Materials: Other, Wood Siding
Lot Features: Other, 0 Up To 1/4 Acre
Lot Size Area: 0.2204
Lot Size Units: Acres
Lot Size Acres: 0.2204
Lot Size Square Feet: 9600.624
Water Source: Public
Financial Details
Tax Annual Amount: $6,722
Utilities Details
Cooling Type: Ceiling Fan(s), Electric, Window Unit(s)
Heating Type: Natural Gas, Other
Sewer : Septic Tank
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
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Sold On
HOA + Taxes
About Ribinson
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Listed by: Brian Schweiker, eXp Realty LLC
Last Updated: 12 days ago
Data Source: HAR , MLS# 96848493
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Last Updated: 12 days ago
Data Source: HAR , MLS# 96848493
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