About 5129 Reed Rd
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.
Features of 5129 Reed Rd
MLS® # | 55439164 |
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Price | $199,999 |
Bathrooms | 0.00 |
Square Footage | 12600 |
Acres | 0.29 |
Type | Lots |
Status | Active |
Community Information
Address | 5129 Reed Rd |
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Area | 3 - Southeast |
Subdivision | Melissa Grace Gardens |
City | Houston |
County | Harris |
State | Texas |
Zip Code | 77033 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Interior
Fireplace | No |
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# of Stories | 0.00 |
Exterior
Lot Description | Subdivision |
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School Information
District | 27 - Houston |
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Elementary | WOODSON ELEMENTARY SCHOOL |
Middle | THOMAS MIDDLE SCHOOL |
High | WORTHING HIGH SCHOOL |
Additional Information
Days on Website | 31 |
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Foreclosure | No |
Short Sale | No |
Listing Details
Office | The Kalu Group |
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