Rare opportunity in a rapidly developing area near East Midtown, just minutes from Downtown Houston, Midtown, and the University of Houston, with quick access to I-45 North and South (approximately 7 minutes away). This location is surrounded by new construction townhomes, with recent sales around $350K, making this a strong value-add and redevelopment opportunity.
This offering includes TWO HOMES on one lot with strong income potential. Both units are currently tenant-occupied, providing immediate rental income for investors. The front home (3315) is remodeled and offers updated living space, while the second home (3311) provides a value-add opportunity for renovation or redevelopment.
The 5,000+ sq ft lot offers additional upside, with potential to accommodate up to three townhomes depending on builder plans and city approval, making this an ideal opportunity for builders, developers, or long-term investors.
No owner financing or creative financing options available. Recent price reduction enhances overall value and positioning in a rapidly appreciating corridor with strong demand and ongoing development activity.
A prime opportunity to invest, hold, or redevelop in one of Houston’s most active growth corridors
Property Details
- Interior
- Open Floorplan
- Cooling
- 1
- Heating
- Central
- Cooling Features
- Central Air, Gas
- Bedrooms
- 2
- Bathrooms
- 1.0
- Full Baths
- 1
- Lot Features
- Cleared
- Lot Description
- Cleared
- Exterior Features
- Deck
- Exterior Materials
- Deck
- Acres
- 0.0
- Square Feet
- 1420.0
- Lot Size (sqft)
- 0.133
- Parking Features
- Driveway
- Parking Type
- Driveway
- Parking Carport Spaces
- 0.0
- Property Type
- Purchase
- Style
- Other, Detached
- Property Subtype Additional
- Single Family Residence
- Year Built
- 1928
- Roof
- Composition
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Electricity Available, Sewer Available, Water Available
- Appliances
- Gas Oven
- Subdivision
- Wilson Wm A
- School District
- Houston ISD
- Elementary School
- Roberts
- Middle School
- Black
- High School
- Reagan
- County
- Harris
- Region
- Houston
- Days on Market (Cumulative)
- 1
- Taxes Annual
- $6,056
Location
Legal
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Provided By
Listed by Candy Hernandez (#0538516)
Listing Office: LMH Realty Group (#LMHR01)
