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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, ...
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
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