5129 Reed Road
$199,999
12,600 / 0.29
Description
Here's your chance to own a cleared lot that has already been re-platted into 2 separate lots ready for construction. These lots are unrestricted in use and will not violate deed restrictions with multi-unit development. Given the City of Houston's new Livable Places Ordinance the highest and best use calls for construction of multiple multi-unit dwellings (duplex, triplex, fourplex). This current replat design has been executed multiple times in the same neighborhood on similar size lot with improved...Here's your chance to own a cleared lot that has already been re-platted into 2 separate lots ready for construction. These lots are unrestricted in use and will not violate deed restrictions with multi-unit development. Given the City of Houston's new Livable Places Ordinance the highest and best use calls for construction of multiple multi-unit dwellings (duplex, triplex, fourplex). This current replat design has been executed multiple times in the same neighborhood on similar size lot with improved new construction valued into $1M+ with multiple duplexes. Building multiple triplexes or fourplexes will allow for $1.4M+ improvement values. A recently completed survey is available, as well as Harris County recorded replat mylars. Sellers also have recently completed new construction appraisals available to share for prospective buyers.
- Listed by Anthony Griffin • TREC #0741644 • The Kalu Group
Property Details for 5129 Reed Road
Area
3
Geo Market AreaMedical Center South
SubdivisionMelissa Grace Gardens
Primary Planned CommunityNo
School District27 - Houston
LISTING UPDATED: 04/28/2024 06:33 PM
Property Details for 5129 Reed Road
Status | Active |
---|---|
MLS # | 55439164 |
Days on Market | 221 |
Taxes | $1,329 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Lots |
Year Built | - |
Lot Size | 0.29 AC |
County | Harris County |
Building Information for 5129 Reed Road
Lot Size0.29 AC
Property Information for 5129 Reed Road
Property History for 5129 Reed Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5129 Reed Road
Taxable ValueLand$126,000Additions-Total$126,000
Tax Record2022$1,762 ($147 / month)
Home Facts
Total Finished SqFt3,010 SqFtAbove Grade Finished SqFt3,010 SqFtStories1Lot Size12,602 SqFtStyleCommercialYear Built1955CountyHARRISAPN0751990190026
Schools near 5129 Reed Road
This home is within Houston Independent School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 11 |
Rating | School | Distance |
---|---|---|
Woodson School PublicPK to 5 | ||
Thomas Middle School Public6 to 8 | ||
Worthing High School Public9 to 12 | ||
Energized For Stem Academy West High School Charter9 to 11 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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