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Size: 0.39 Acres
Type: House
Home: 2 beds - 2 full baths - 1,478 Sq Ft

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0.39 Acres in Houston, TX - $259,900

Unlock income potential on this 16,000+ sq ft unrestricted lot, ideally located just minutes from Hobby Airport and the U of H. Move-in ready with minimal repairs and clean-up needed. This site is a rare gem for boutique apartment developers looking to capitalize on Houston’s booming rental corridor. Why This Property Stands Out: Unrestricted Zoning – Build 8–12 units (1,200–1,500 sq ft each) with no red tape. Proven Rental Demand – 80+ nearby complexes show strong occupancy (93–95%), with 1–2 BR units leasing for $1,200–$1,900/month. Captive Tenant Base – Serve Hobby’s 12M+ annual travelers and U of H’s 47,000+ students and staff. Located near I-45/610 for excellent visibility and logistics. This is the last scalable lot in a supply-constrained zone.?Act fast—opportunities like this don’t last. Contact us today for feasibility studies and ROI projections.

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Environmental Factors

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Source:First Street

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Source: Better Homes & Gardens Real Estate, MLS# 85094464
Listing last updated: July 21, 2025 at 7:33 PM
Listing last checked: February 23, 2026 at 1:36 PM
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