5009 Reed Road

Houston, TX 77033

About this property

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

About this property

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

Features and Additional Information

Schedule a Tour
It's free and no obligation

Schedule a Private Showing

$180,000 Active
0 sqft

Presented By Coldwell Banker Commercial Gateway

Agent Image
Get in touch today! Phone: 1-956-937-2930
Brokerage
Adeo Homes Realty
1-832-970-8181
Curious to find out what your home is worth?
Get My Home's Worth arrow_forward

Area Information

3 | Harris County | Sunnyside Gardens

$ 180,000
This listing is play_arrow 9.4% higher than the average in the area
$ 164,500 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
93 days on site
This listing is play_arrow 138.5% above the average in the area
39 days on site in the area

Schools in the Area

  • turned_in
    Elementary School
  • turned_in
    Middle School
  • turned_in
    High School

Want to See More Listings in the Area?

Listed By Christian Asmatey
Brokerage: Adeo Homes Realty

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
Coldwell Banker Commercial Gateway

By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker DAnn Harper at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
Real Estate Links Our Domains