5009 Reed Road, Houston, TX 77033

Houston
Local realty services provided by:Better Homes and Gardens Real Estate Gary Greene
5009 Reed Road,Houston, TX 77033
$245,000
  • 0.29 Acres
  • Lots / Land
  • Active
Listed by: christian asmatey
Office: adeo homes realty832-970-8181
MLS#:82462379
Source:HARMLS

Price summary

  • Price:$245,000

About this home

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

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Home facts

  • Listing ID #:82462379
  • Updated:June 19, 2026 at 11:46 AM

Structure and exterior

  • Lot area:0.29 Acres

Schools

  • High school:WORTHING HIGH SCHOOL
  • Middle school:THOMAS MIDDLE SCHOOL
  • Elementary school:WOODSON ELEMENTARY SCHOOL

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$245,000
  • Tax amount:$3,481 (2025)
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