This income generating 4-acre property includes three tenant-occupied homes, all are on one-year leases. The two units are recently renovated 1,500 sq ft home with 3 bedrooms and 2 bathrooms. The third is a 2-bedroom home on a pier and beam foundation. Two units have brand new appliances. The land is partly fenced, has a water well and two septic tanks, and is great for livestock or horses. It's located on FM 362, a growing road that connects I-10, US 290, FM 1488, and the future SH 105/249. The property is about 4 miles from US 290 and Waller High School. Nearby developments include a 520-acre site by Wolff Companies, a new Toyota dealership, and Daikin’s large facility employing 6,000+. A 450-acre town center is also planned nearby. US 290’s expansion & the Grand Parkway make this area easy to reach. Great potential for commercial, residential, or industrial use. Waller is growing fast & this property is in the path of major development. Generating $5000+ rent per month, cant miss.