Located just minutes from Downtown Houston, 245 Palmyra Street offers a premier infill development opportunity in one of the city’s fastest-growing redevelopment corridors. This ±20,100 SF site is shovel-ready and positioned for a mix of single-family homes or townhomes, making it an ideal project for builders seeking immediate impact and long-term value.
The property benefits from nearby utilities and ongoing platting, providing a clear path toward development. With strong buyer demand, steady absorption, and significant new construction activity in the area, this site offers both excellent short-term profitability and lasting neighborhood appreciation.
While Houston has no formal zoning laws, the property’s A1 Residential Single-Family designation and favorable lot configuration allow flexibility for various residential build types. All development remains subject to city code, lot size, and parking requirements.
This is a rare chance to secure a development-ready tract in a high-demand, inner-loop location surrounded by revitalization.