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0 Baths

$180,000

5009 Reed Road, Houston TX, 77033

Price per sqft$14.28
Lot size0.29 Acres
Property typeLand

Overview

Active

Listed May 26, 2026

Updated Aug 27

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

Additional information

MLS® ID
82462379

Exterior Features

Lot Size
0.29 Acres

Other Property Details

Taxes
$3,481
Tax Frequency
Annually
MLS provider logo

 

Courtesy of Adeo Homes Realty, Christian Asmatey 

Based on information from the Houston Association of REALTORS as of 8/27/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 3:10 AM UTC, 8/27/2026

 

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