TX > Houston > Melissa Grace Gardens
Houston, TX 77033,5129 Reed RD
Houston, TX 77033,5129 Reed RD
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LPT Realty

LPT Realty

+1(877) 366-2213
$ 199,999
Est. payment | /mo

0.29 Acres Lot

Save
$ 199,999
Est. payment | /mo
Save

0.29 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Melissa Grace Gardens

MLS Listing ID 55439164

Annual Tax Amount $1,329

Tax Year 2023

Lot Size 0.289 Acres

Acres 0.2893

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.

Location

State TX

County Harris

Area Medical Center South

Building

Lot Description Subdivision

Lot Size Range 1/4 Up to 1/2 Acre

Sewer Public Sewer

Water Public Water

Schools

Elementary Schools Woodson Elementary School

Middle Schools Thomas Middle School

High Schools Worthing High School

School District 27 - Houston

Others

Senior Community No

Restrictions No Restrictions

Tax ID 146-000-001-0001

Tax Rate 2.2019

Disclosures No Disclosures

Special Listing Condition No Disclosures

Houston Association of Realtors (HAR MLS)
Listed by Tidal Realty Services LLC
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5129 Reed RD