Description
This expansive parcel presents a unique investment chance, boasting over an acre of prime land near prestigious city areas and top universities. It connects affluent River Oaks to the University of Houston, near Rice and Texas Southern University, in the Third Ward"undergoing significant redevelopment, highlighted by Cuney Homes' $600 million renovation, increasing the area's appeal. Spanning almost a city block, it offers development potential for residential or commercial projects. Currently, it includes an old mechanic shop, adding rental income potential during development planning. Owning such a large, prime lot in Houston, especially in an area experiencing fast growth, is rare making it a strategic investment opportunity.
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0BEDS
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1.35ACRES
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0BATHS
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01/2 BATHS
School Information
Description
This expansive parcel presents a unique investment chance, boasting over an acre of prime land near prestigious city areas and top universities. It connects affluent River Oaks to the University of Houston, near Rice and Texas Southern University, in the Third Ward"undergoing significant redevelopment, highlighted by Cuney Homes' $600 million renovation, increasing the area's appeal. Spanning almost a city block, it offers development potential for residential or commercial projects. Currently, it includes an old mechanic shop, adding rental income potential during development planning. Owning such a large, prime lot in Houston, especially in an area experiencing fast growth, is rare making it a strategic investment opportunity.