5129 Reed Rd, Houston, Texas

$199,999

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0.29

Acres

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
Price $199,999
Bathrooms 0.00
Square Footage 12600
Acres 0.29
Type Lots
Status Active

Community Information

Address 5129 Reed Rd
Area 3 - Southeast
Subdivision Melissa Grace Gardens
City Houston
County Harris
State Texas
Zip Code 77033

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 0.00

Exterior

Lot Description Subdivision

School Information

District 27 - Houston
Elementary WOODSON ELEMENTARY SCHOOL
Middle THOMAS MIDDLE SCHOOL
High WORTHING HIGH SCHOOL

Additional Information

Days on Website 31
Foreclosure No
Short Sale No

Listing Details

OfficeThe Kalu Group

Listing Map

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