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0 Fuqua St

5 Acres of Commercial Land Offered at $1,350,000 in Houston, TX 77048

Investment Highlights

  • 42 townhouse plat has been approved by the City.
  • High-growth area and quick access to Beltway 8, Highway 288, I-45, US 610, Hobby Airport, and Houston Medical Center
  • New developments nearby: Park Vista at El Tesoro (615 single fam home), Cole Klein Builders (200 homes), Zuri Gardens (80 homes)
  • Turnkey Development Opportunity: All permits and building plans are included
  • 10 min drive: Hobby Airport; 20 min drive: Downtown Houston; 18 min drive: Texas Medical Center, 12 min drive: NRG Stadium, 2 min drive: Beltway 8

Executive Summary

This exceptional property comes with city-approved permits and building plans for 42 town homes, offering immediate potential for growth and profit in one of the nation’s most dynamic markets.

Property Facts

Price $1,350,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Apartment Units
Total Lot Size 5.00 AC

1 Lot Available

Lot

Price $1,350,000
Price Per AC $270,000
Lot Size 5.00 AC

Description

1. Turnkey Development Opportunity: All necessary city permits and detailed building plans are included. Streamlined development process, saving time and reducing upfront costs. 2. Prime Location: Located in a thriving Houston neighborhood with excellent connectivity to major highways, downtown, the Houston Medical Center, Hobby Airport, and other key destinations. Close to an array of amenities, employment hubs, and entertainment venues. 3. Market Strength: Positioned in an area experiencing continuous growth and robust rental demand. Surrounded by pre-construction residential and commercial developments, adding value to the neighborhood. 4. Immediate Value Creation: Opportunity to start construction without delays, accelerating revenue potential. Enhances investment portfolios with high-yield prospects and long-term appreciation potential. This property is tailored for investors and builders aiming to capitalize on Houston’s expanding real estate market. With pre-approved permits and plans, the project offers a fast-track solution to meet the area’s housing needs while delivering high ROI potential. This property is tailored for investors and builders aiming to capitalize on Houston’s expanding real estate market. With pre-approved permits and plans, the project offers a fast-track solution to meet the area’s housing needs while delivering high ROI potential.

  • Listing ID: 34323992

  • Date on Market: 12/30/2024

  • Last Updated:

  • Address: 0 Fuqua St, Houston, TX 77048

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