5420 FATIMA LANE, HOUSTON, TX 77091
Homes for sale in Houston.
Homes for sale in 77091.
5420 Fatima Lane
Houston, TX 77091
List Price$2,150,000
Listing #53730480
1.27
Acres
Lots / Land
Type
About This Property
Exceptional shovel-ready development opportunity at 5420 Fatima Lane in Independence Heights. The 55,378 SF site has been fully subdivided for a 32-home single-family residential community known as Marcella Place. Extensive pre-development work has been completed, allowing a developer to move quickly toward vertical construction. The project includes approved civil engineering plans, drainage design, water line connections, storm & sanitary permits + full architectural approvals in place. Architectural plans include three thoughtfully designed layouts ranging approximately 1,703 to 1,810 SF w 3 bedrooms & 2.5 baths + yards, providing a clear path forward for immediate development. This offering presents a rare opportunity to acquire a fully entitled residential development site in the rapidly growing Independence Heights area with significant planning and permitting already secured. Full development plans, permits, engineering documents & supporting materials available upon request.
Property Features
Location Information
County
Harris
Longitude
-95.405372
MLS Area
Northwest Houston
Subdivision
Donovan Street Grove
Latitude
29.844871
Directions
From Yale & 610: North on Yale: Follow Yale to Marcella Street, Make a Left onto Marcella- property is on corner of Marcella & Fatima.
Exterior Features
Style
Patio Home
Lot Size in Acres
1.271
Acre Range
1 Up to 2 Acres
Lot Size in Sq. Ft.
55,378
Lot Description
Cleared, Corner Lot, Cul-De-Sac, Open Lot, Subdivision, Split Possible
Is One Story
No
School
School District
Houston
Middle School
WILLIAMS MIDDLE SCHOOL
Elementary School
HIGHLAND HEIGHTS ELEMENTARY SCHOOL
High School
WASHINGTON HIGH SCHOOL
Additional Information
Finance Available
Cash, Conventional
Year Built
0
Property Type
LL
Status
Active
Similar Listings
Mortgage Calculator
$10,039
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$7,747
Monthly Tax
$1,791
Monthly Insurance
$501
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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