Price Reduced Listing
Description
Rare opportunity to acquire a shovel-ready multifamily development site in a rapidly growing Houston submarket.This is a fully entitled 12-unit project with approvals and key pre-development work already completed, allowing a buyer to begin construction Now!The approved plans feature a 3-story apartment building consisting of 6 one-bedroom/one-bath units and 6 two-bedroom/two-bath units, designed with efficient layouts and strong rental appeal. Each unit includes a private balcony, and the project incorporates on-site storage units, creating additional income potential.The sale includes the development lot, approved architectural plans, completed geotechnical report, and partial impact fees already paid, significantly reducing timeline, risk, and upfront soft costs.This project can be executed as affordable housing for stable occupancy or upgraded to capture top market rents. Ideal for developers looking to fast-track a multifamily build in Houston.Buy today and start building tomorrow
Details
| MLS # | 82462379 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 94 |
| Listing Provided By | Adeo Homes Realty | Christian Asmatey |
Features
| Acreage | 0.29 |
|---|
Exterior
| Lot Features | Other |
|---|
Taxes
| Tax Annual Amount | 3481 |
|---|
Area Information
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77033 |
| Area | 3 |
| Subarea | Medical Center South |
| Community Name | Sunnyside Gardens |
| Listing VS Median (in Sunnyside Gardens) | |
Price: $180,000 low | high Med: $164,500 On site: 94 low | high Med: 40 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77033 |
| Area | 3 |
| Subarea | Medical Center South |
| Community Name | Sunnyside Gardens |
| Listing VS Median (in Sunnyside Gardens) | |
Price: $180,000 low | high Med: $164,500 On site: 94 low | high Med: 40 | |
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