5009 REED ROAD, HOUSTON, TX 77033
Homes for sale in Houston.
Homes for sale in 77033.
5009 Reed Road
Houston, TX 77033
List Price$295,000
Listing #74179218
0.29
Acre
Lots / Land
Type
About This Property
Rare opportunity to acquire a shovel-ready multifamily development site in a rapidly growing Houston submarket.This is a fully entitled 12-unit project with approvals and key pre-development work already completed, allowing a buyer to begin construction Now!The approved plans feature a 3-story apartment building consisting of 6 one-bedroom/one-bath units and 6 two-bedroom/two-bath units, designed with efficient layouts and strong rental appeal. Each unit includes a private balcony, and the project incorporates on-site storage units, creating additional income potential.The sale includes the development lot, approved architectural plans, completed geotechnical report, and partial impact fees already paid, significantly reducing timeline, risk, and upfront soft costs.This project can be executed as affordable housing for stable occupancy or upgraded to capture top market rents. Ideal for developers looking to fast-track a multifamily build in Houston.Buy today and start building tomorrow
Property Features
Location Information
County
Harris
Longitude
-95.348296
MLS Area
Medical Center South
Subdivision
Sunnyside Gardens
Latitude
29.65889
Directions
Take 288 S to 610 E. Exit Cullen. Take a Right on Cullen. Take a Left on Reed. Make a U-Turn and property will be on the right.
Exterior Features
Acre Range
0 Up To 1/4 Acre
Lot Size in Sq. Ft.
12,601
Lot Description
Other
Is One Story
No
Lot Size in Acres
0.289
School
School District
Houston
Middle School
THOMAS MIDDLE SCHOOL
Elementary School
WOODSON ELEMENTARY SCHOOL
High School
WORTHING HIGH SCHOOL
Additional Information
Property Type
LL
Status
Active
Year Built
0
Similar Listings
Mortgage Calculator
$1,376
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,063
Monthly Tax
$245
Monthly Insurance
$68
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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