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Investor/Builder Opportunity - Magnolia Park 5,000 sqft lot in Magnolia Park, a rapidly developing area minutes from Downtown with easy access to Wayside Dr and Navigation Blvd. New construction single-family homes nearby have sold in the $300k - $400k range, and recent multi- family sales have reached $500k+ depending on design and finish-out. Exiting structures are in poor condition and likely a teardown (rear structure damaged). Multiple development options include single-family, duplex, triplex, fourplex, with potential to subdivide (buyer to verify). Sold as-is. Ideal for redevelopment.
| DAYS ON MARKET | Login to view Days on Market | LAST UPDATED | 4/17/2026 |
|---|---|---|---|
| TRACT | Magnolia Park Sec 02 | YEAR BUILT | 1938 |
| COMMUNITY | 4 | COUNTY | Harris |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Gallegos Elementary School (Houston) |
|---|---|
| Jr. High School | Edison Middle School |
| High School | Milby High School |
| ADDITIONAL DETAILS | |
| AIR | Electric |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 4 |
| CONSTRUCTION | Wood Siding |
| HEAT | Natural Gas |
| LOT | 5001 sq ft |
| LOT DESCRIPTION | Subdivided |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Traditional |
| SUBDIVISION | Magnolia Park Sec 02 |
| TAXES | 2902 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listed with Watkins Realty LLC
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