Property Overview:
• Prime Location: Strategically positioned in Houston’s rapidly developing area, offering excellent connectivity to major highways, business districts, and commercial hubs.
• Zoning & Development Potential: Suitable for multifamily or residential development, providing flexibility in project execution.
• Land Size: 2.3 acres of developable land, allowing for a range of residential or mixed-use opportunities.
• Strong Market Demand: Houston's growing population and housing demand make this an ideal site for apartment complexes, townhomes, or build-to-rent communities.
• Surrounding Infrastructure: Close to retail centers, schools, and employment hubs, ensuring strong tenant or buyer interest.
• Potential for Value Appreciation: The area is experiencing strong growth, with rising property values and increasing rental rates.
• Utilities & Access: Well-positioned for development with existing infrastructure support and easy access to major roads.
• Favorable Economic Conditions: Houston remains a business-friendly city with no state income tax, attracting both investors and residents.
• Investment Exit Strategy: Options include build-and-hold for long-term rental income, build-and-sell for capital gains, or partnership with developers for a joint venture.