Ultra-Prime Corner Lots Near University of Houston – 3 Replated Parcels (3012, 3014 & 3016 Rosalie St) Property Overview: Exceptional opportunity to acquire three adjacent, fully replated residential lots totaling approx. 4,650–4,800 SF in one of Houston’s most rapidly transforming areas — the Third Ward/Midtown corridor near University of Houston, TSU, and the Texas Medical Center. Key Highlights: Addresses: 3012, 3014 & 3016 Rosalie St, Houston, TX Lot Size: ~1,550–1,600 SF each (combined ~0.11 acres) Zoning: Residential (R-2), cleared and level Flood Zone: X (not in floodplain) Status: Ready for new construction — no replats allowed under current city code (post-Nov 2023) Development Potential: Build 3 single-family homes or 3 modern townhomes (expected resale $500K–$600K each) Ideal for student housing, room-by-room rental, or short-term rentals Possible mid-rise / 12-plex per lot (36 efficiency units total) subject to city variance approval Utilities nearby and strong comparable developments within 3–4 blocks Location Advantages: 2 min to University of Houston 5 min to Downtown & Medical Center Surrounded by ongoing new construction and mixed-use redevelopment High rental demand, proven ROI for multifamily and student rentals Investment Summary: This is a rare infill redevelopment opportunity in one of Houston’s fastest-growing urban submarkets. Perfect for builders, investors, or developers seeking immediate upside, walkable amenities, and long-term appreciation.