1502 Lee Street 5

Houston, TX 77009

About this property

Exceptional Investment Opportunity! Rare opportunity to own a 10,000 SF corner lot minutes from Downtown Houston in one of the city's hottest redevelopment areas. Property features two separate structures including a triplex and a single family home, creating multiple income producing opportunities. The single family home offers potential for duplex conversion with an upstairs kitchen and separate exterior access already in place. Fully gated with ample parking, storage building, and large yard. Ideal for a rehab project, rental portfolio, new construction, duplexes, townhomes, multifamily development, or a custom residence. Surrounded by new construction and rapidly rising property values. No HOA. Sold as is. Opportunities like this are becoming harder to find as the area continues to grow and appreciate.

About this property

Exceptional Investment Opportunity! Rare opportunity to own a 10,000 SF corner lot minutes from Downtown Houston in one of the city's hottest redevelopment areas. Property features two separate structures including a triplex and a single family home, creating multiple income producing opportunities. The single family home offers potential for duplex conversion with an upstairs kitchen and separate exterior access already in place. Fully gated with ample parking, storage building, and large yard. Ideal for a rehab project, rental portfolio, new construction, duplexes, townhomes, multifamily development, or a custom residence. Surrounded by new construction and rapidly rising property values. No HOA. Sold as is. Opportunities like this are becoming harder to find as the area continues to grow and appreciate.

Features and Additional Information

Schedule a Tour
It's free and no obligation

Schedule a Private Showing

$498,000 Active
4 Bed(s)
2
Baths
5,000 sqft

Presented By Texas Land and Ranch

Agent Image
Get in touch today! Phone: 1-210-483-7000
Brokerage
Watkins Realty LLC
1-713-392-2623
Curious to find out what your home is worth?
Get My Home's Worth arrow_forward

Area Information

9 | Harris County | Little & Dickinson

$ 498,000
This listing is play_arrow 131.6% higher than the average in the area
$ 215,000 in the area
5,000 SqFt
This listing is play_arrow 205.6% larger than the average in the area
1,636 SqFt in the area
$ 100 $/SqFt
This listing is play_arrow 24.2% less than the average in the area
$ 131 $/SqFt in the area
10 days on site
This listing is play_arrow 94.3% below the average in the area
174 days on site in the area

Schools in the Area

  • turned_in
    Elementary School
  • turned_in
    Middle School
  • turned_in
    High School

Want to See More Listings in the Area?

Listed By Bryan Avila Haro
Brokerage: Watkins Realty LLC

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
Texas Land and Ranch

By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker DAnn Harper at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
Real Estate Links Our Domains