5315 Terry St, Houston, TX 77009

$189,000

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List Price
$189,000
MLS#
72241738
Status
ACTIVE
Type
Land
Subtype
Land
County
Harris
Area
9
City
Houston
Subdivision
Marder Heights

Property Description

TWO LOTS – DEVELOPER OPPORTUNITY! A true developer special with all groundwork already completed. The property has been fully subdivided and recorded into two lots. The current and recorded plat includes front-loading homes with separate driveway/access for each lot—an arrangement that is no longer permitted under current city regulations, making this an extremely rare and valuable approved configuration to build two front-loaders! Options include two single-family homes (front-loaders), a larger custom single-family residence using both lots, or a townhome concept with shared driveway access. Existing structure may also be renovated. Surrounded by new construction directly across the street and throughout the surrounding area, this rapidly redeveloping neighborhood inside the 610 Loop offers strong upside potential with quick access to I-45, US-59, I-10, and the Hardy Toll Road. Distressed existing home is sold primarily for lot value. Priced to move in a high-demand area.

Additional Information

Unexempt Taxes
$1,831
Lot Size
5,000
Lot Description
Cul-De-Sac
School District
Houston
Elementary School
Jefferson Elementary School (Houston)
Middle School
Marshall Middle School (Houston)
High School
Northside High School

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Fadi Albana from NextHome Centurion Realty. Contact: