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Exceptional value-add opportunity in the highly sought-after MacGregor Estate located on an exclusive street, Parkwood Dr. This spacious two-story home offers 4 bedrooms, 3.5 bathrooms, large living spaces, a home office, formal dining room, breakfast area, and a detached two-car garage on a generously sized lot. The property is a full renovation project with solid upside for investors, builders, or experienced rehabbers. The spacious floor plan and generous room sizes provide an excellent foundation for a high-end remodel, rental conversion, or long-term hold. Located minutes from the Texas Medical Center, Downtown Houston, the University of Houston, and major freeways, this property benefits from strong neighborhood demand and continued redevelopment activity. This is an opportunity to acquire a property in an appreciating area with significant value-add potential. Bring your contractor and vision; very rare to find a property with this much upside.
| DAYS ON MARKET | Login to view Days on Market | LAST UPDATED | 7/31/2026 |
|---|---|---|---|
| TRACT | Riverside Terrace Sec 13 | YEAR BUILT | 1948 |
| COMMUNITY | 4 | GARAGE SPACES | 2.0 |
| COUNTY | Harris | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Thompson Elementary School (Houston) |
|---|---|
| Jr. High School | Cullen Middle School (Houston) |
| High School | Yates High School |
| ADDITIONAL DETAILS | |
| AIR | Electric |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 4 |
| CONSTRUCTION | Stone |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Electric |
| LOT | 10881 sq ft |
| LOT DESCRIPTION | Subdivided |
| PARKING | Detached |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Colonial, French, Traditional |
| SUBDIVISION | Riverside Terrace Sec 13 |
| TAXES | 9760 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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