516 Martin Street, Houston, TX 77018

Local realty services provided by:Better Homes and Gardens Real Estate Hometown
516 Martin Street,Houston, TX 77018
$1,000,000
  • 1 Acres
  • Lots / Land
  • Active
Listed by: jordan jennings
Office: womack development & investment realtors
MLS#:35145935
Source:HARMLS

Price summary

  • Price:$1,000,000

About this home

Rare opportunity to acquire nearly one acre of land in Houston’s highly desirable 77018 submarket, located in the rapidly redeveloping Garden Oaks / Oak Forest corridor. Large tracts of land of this size are increasingly scarce in this area, making this property an attractive opportunity for builders, developers, and long-term investors. The site offers significant redevelopment potential, with surrounding properties seeing continued new construction, and small-scale residential development projects. The property provides flexibility for a variety of development strategies including multiple single-family home sites or potential small residential development (subject to city approvals). Strategically located with excellent access to Loop 610, Highway 290, and I-45, the property sits just minutes from The Heights, Downtown Houston, and major employment centers, driving strong buyer demand in the area. The neighborhood has experienced steady appreciation and ongoing redevelopment.

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Home facts

  • Listing ID #:35145935
  • Updated:March 07, 2026 at 12:54 PM

Structure and exterior

  • Lot area:1 Acres
  • Lot Features:Subdivision
  • Architectural Style:PatioHome

Schools

  • High school:WASHINGTON HIGH SCHOOL
  • Middle school:WILLIAMS MIDDLE SCHOOL
  • Elementary school:KENNEDY ELEMENTARY SCHOOL (HOUSTON)

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,000,000
  • Tax amount:$11,014 (2025)

Features and amenities

  • Amenities:Security Gate
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