Investor/Builder Opportunity - Magnolia Park
5,000 sqft lot in Magnolia Park, a rapidly developing area minutes from Downtown with easy access to Wayside Dr and Navigation Blvd. New construction single-family homes nearby have sold in the $300k - $400k range, and recent multi- family sales have reached $500k+ depending on design and finish-out.
Exiting structures are in poor condition and likely a teardown (rear structure damaged). Multiple development options include single-family, duplex, triplex, fourplex, with potential to subdivide (buyer to verify).
Sold as-is. Ideal for redevelopment.
Property Type(s):
Single Family
SCHOOLS
| Elementary School |
Gallegos Elementary School (Houston) |
| Jr. High School |
Edison Middle School |
| High School |
Milby High School |
Price History
|
Prior to May 16, '26
|
$105,000 |
| May 16, '26 - Today |
$99,990 |
Additional Details
| AIR |
Electric |
| AIR CONDITIONING |
Yes |
| AREA |
4 |
| CONSTRUCTION |
Wood Siding |
| HEAT |
Natural Gas |
| LOT |
5001 sq ft |
| LOT DESCRIPTION |
Subdivided |
| SEWER |
Public Sewer |
| STORIES |
1 |
| STYLE |
Traditional |
| SUBDIVISION |
Magnolia Park Sec 02 |
| TAXES |
2902 |
| WATER |
Public |
Location
Listed with Watkins Realty LLC
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The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS.
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