Houston null-story, null-bed 5129 Reed Road-idx
Off Market

5129 Reed RoadHouston, 77033

Home Summary

Cleared lot in Melissa Grace Gardens subdivision, Houston. Re-platted into 2 lots for multi-unit dwellings.

12,600 sqft lot

Property Type: Land

Here's your chance to own a cleared lot that has already been re-platted into 2 separate lots ready for construction. These lots are unrestricted in use and will not violate deed restrictions with multi-unit development. Given the City of Houston's new Livable Places Ordinance the highest and best use calls for construction of multiple multi-unit dwellings (duplex, triplex, fourplex). This current replat design has been executed multiple times in the same neighborhood on similar size lot with improved new construction valued into $1M+ with multiple duplexes. Building multiple triplexes or fourplexes will allow for $1.4M+ improvement values. A recently completed survey is available, as well as Harris County recorded replat mylars. Sellers also have recently completed new construction appraisals available to share for prospective buyers.

MLS #289514889Tidal Realty Services LLC