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$285,000

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MLS® 74179218

  • Key Facts
  • Description
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Key Facts

Type 
Levels Land
Size -
Garage 
Taxes $3,481
Days Active 33
Lot Size 
Approx. Age 
MLS® Number 74179218

Property Address: 5009 Reed Rd, Houston, TX, 77033-4015

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to acquire a shovel-ready multifamily development site in a rapidly growing Houston submarket.This is a fully entitled 12-unit project with approvals and key pre-development work already completed, allowing a buyer to begin construction Now!The approved plans feature a 3-story apartment building consisting of 6 one-bedroom/one-bath units and 6 two-bedroom/two-bath units, designed with efficient layouts and strong rental appeal. Each unit includes a private balcony, and the project incorporates on-site storage units, creating additional income potential.The sale includes the development lot, approved architectural plans, completed geotechnical report, and partial impact fees already paid, significantly reducing timeline, risk, and upfront soft costs.This project can be executed as affordable housing for stable occupancy or upgraded to capture top market rents. Ideal for developers looking to fast-track a multifamily build in Houston.Buy today and start building tomorrow
MLS® Number74179218
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 2, 2026List Date
$285,000List Price
  • Commute

Commute

Starting Address
Destination Address
5009 Reed Rd, Houston, TX

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