I recently bought a 9.222 acre property with 2 acre lake, 1200 square ft home, 2 car detached garage, barn with a well (city water available if wanted) and septic system. This property is in Conroe, Texas 77303 (North part of Houston)and the property is almost shaped like an upside down T which has the lake on the back and widest part. My plan is to keep this property as I believe the value will grow rapidly over the next 5-10 years+. The buildings are in need of some TLC and plan to get it rent ready and would really love some suggestions/ideas to what I could do with this property. Some of the things I have thought might be potential are as follows.
Rent the current home
RV/Camper hookups spaces
RV or Storage
Future homesite
I even have a friend that has a franchise animal resort that we could use this property for.
Thank you for any help and let me know if need to add any other details.
Here is link to the property listed 2 years ago