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5129 Reed Road

Houston, TX 77033
  • $199,999
  • STATUS: Active
  • ON SITE: 52 Days
  • MLS #: 55439164
$199,999
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Here's your chance to own a cleared lot that has already been re-platted into 2 separate lots ready for construction. These lots are unrestricted in use and will not violate deed restrictions with multi-unit development. Given the City of Houston's new Livable Places Ordinance the highest and best use calls for construction of multiple multi-unit dwellings (duplex, triplex, fourplex). This current replat design has been executed multiple times in the same neighborhood on similar size lot with improved new construction valued into $1M+ with multiple duplexes. Building multiple triplexes or fourplexes will allow for $1.4M+ improvement values. A recently completed survey is available, as well as Harris County recorded replat mylars. Sellers also have recently completed new construction appraisals available to share for prospective buyers.

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© 2024 Houston Realtors Information Service, Inc. All rights reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-06-20T00:13:25.757.
www.thesgroup.com/homes/149989447
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5129 Reed Road Houston, TX 77033

  • Price: $199,999
  • Status: Active
  • On Site: 52 Days
  • MLS #: 55439164
0
Beds
0
Baths
0
½ Baths
0.29
Acres
Neighborhood:
Melissa Grace Gardens
County:
Harris
Area:
3 - Southeast
Elementary School:
Woodson Elementary School
Middle School:
Thomas Middle School
High School:
Worthing High School
School District:
Houston
Property Description
Here's your chance to own a cleared lot that has already been re-platted into 2 separate lots ready for construction. These lots are unrestricted in use and will not violate deed restrictions with multi-unit development. Given the City of Houston's new Livable Places Ordinance the highest and best use calls for construction of multiple multi-unit dwellings (duplex, triplex, fourplex). This current replat design has been executed multiple times in the same neighborhood on similar size lot with improved new construction valued into $1M+ with multiple duplexes. Building multiple triplexes or fourplexes will allow for $1.4M+ improvement values. A recently completed survey is available, as well as Harris County recorded replat mylars. Sellers also have recently completed new construction appraisals available to share for prospective buyers.
Exterior Features

Acres Description 1/4 Up to 1/2 Acre Lot Description Subdivision Lot Improvements ClearedFenced Lot Use Multi-FamilyOtherSingle-FamilyTownhouse Road Surface Concrete

Interior Features

Cable Available

Property Features

Contract Type Unimproved Property Country United States Disclosures No Disclosures Electric Electric Available Fee Other No Gas Gas Available Hoa Mandatory No Lot Size Source Survey Maintenance Fee Yes No No Master Planned Community YN No Restrictions No Restrictions Tax Amount 1329 Tax Rate 2.2019 Tax Year 2023 Water Sewer Public SewerPublic Water

Listing information © 2024 Houston Association of REALTORS® MLS.
Listing courtesy of The Kalu Group: .



© 2024 Houston Realtors Information Service, Inc. All rights reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-06-20T00:13:25.757.
 
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The Sansone Group | RE/MAX Fine Properties
3616 Highway 6 South
Sugar Land TX, 77478