1502 Lee Street 5

Houston, TX 77009

About this property

Exceptional Investment Opportunity! Rare opportunity to own a 10,000 SF corner lot minutes from Downtown Houston in one of the city’s hottest redevelopment areas. Property features two separate structures including a triplex and a single family home, creating multiple income producing opportunities. The single family home offers potential for duplex conversion with an upstairs kitchen and separate exterior access already in place. Fully gated with ample parking, storage building, and large yard. Ideal for a rehab project, rental portfolio, new construction, duplexes, townhomes, multifamily development, or a custom residence. Surrounded by new construction and rapidly rising property values. No HOA. Sold as is. Opportunities like this are becoming harder to find as the area continues to grow and appreciate.

About this property

Exceptional Investment Opportunity! Rare opportunity to own a 10,000 SF corner lot minutes from Downtown Houston in one of the city’s hottest redevelopment areas. Property features two separate structures including a triplex and a single family home, creating multiple income producing opportunities. The single family home offers potential for duplex conversion with an upstairs kitchen and separate exterior access already in place. Fully gated with ample parking, storage building, and large yard. Ideal for a rehab project, rental portfolio, new construction, duplexes, townhomes, multifamily development, or a custom residence. Surrounded by new construction and rapidly rising property values. No HOA. Sold as is. Opportunities like this are becoming harder to find as the area continues to grow and appreciate.

Features and Additional Information

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$499,000 Active
4 Bed(s)
2
Baths
4,900 sqft

Presented By Coldwell Banker Commercial Gateway

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Brokerage
Watkins Realty LLC
1-713-392-2623
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Area Information

9 | Harris County | Little & Dickinson

$ 499,000
This listing is play_arrow 112.3% higher than the average in the area
$ 235,000 in the area
4,900 SqFt
This listing is play_arrow 265.3% larger than the average in the area
1,342 SqFt in the area
$ 102 $/SqFt
This listing is play_arrow 45.7% less than the average in the area
$ 187 $/SqFt in the area
65 days on site
This listing is play_arrow 56.4% below the average in the area
149 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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Listed By Bryan Avila Haro
Brokerage: Watkins Realty LLC

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