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    1502 Hussion Street

    Houston, TX 77003
    • $279,000
    • STATUS: Active
    • ON SITE: 18 days
    • MLS #: 91002650
    UPDATED: 14 min ago
    $279,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:
    Area:
    4

    School Information

    Elementary School:
    School District:

    Description

    Awesome location in Houston's Eastwood, south-east of downtown, served by nearby MetroRail, bursting with new construction right on this block and all around it. Land valuations have tripled lately and the property taxes will force the area to rebuild very quickly in a pattern repeated all around downtown in the last 20 years. Several lots are already owned by investors. Build your huge dream home (expected value $700K) or make 3 townhomes (current retail $330K each) on this lot as an investor. Great examples of both dream-homes and townhomes surround this property already, see photos. The proximity to downtown, Medical Center, and the new UH College of Medicine make this location a safer investment than others. This proximity and the economic recovery should help this lot value continue to rise in the immediate future. With lots of new investment in the area and a new construction retail price around $160 per square foot the numbers should make good sense.

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    © 2021 Houston Realtors Information Service, Inc. All rights reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2021-01-23T14:12:51.42.
    www.rachelleerealtor.com/homes/112985711
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    1502 Hussion Street Houston, TX 77003

    • Price: $279,000
    • Status: Active
    • Updated: 14 min ago
    • MLS #: 91002650
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    Neighborhood:
    Taylor W J
    County:
    Harris
    Area:
    4
    Elementary School:
    Lantrip Elementary School
    Middle School:
    Navarro Middle School (Houston)
    High School:
    Austin High School (Houston)
    School District:
    Houston
    Property Description
    Awesome location in Houston's Eastwood, south-east of downtown, served by nearby MetroRail, bursting with new construction right on this block and all around it. Land valuations have tripled lately and the property taxes will force the area to rebuild very quickly in a pattern repeated all around downtown in the last 20 years. Several lots are already owned by investors. Build your huge dream home (expected value $700K) or make 3 townhomes (current retail $330K each) on this lot as an investor. Great examples of both dream-homes and townhomes surround this property already, see photos. The proximity to downtown, Medical Center, and the new UH College of Medicine make this location a safer investment than others. This proximity and the economic recovery should help this lot value continue to rise in the immediate future. With lots of new investment in the area and a new construction retail price around $160 per square foot the numbers should make good sense.
    Exterior Features

    Acres Description 0 Up To 1/4 Acre Lot Back Dimension 50 Lot Description Subdivision Lot Front Dimensions 50 Lot Left Dimensions 101 Lot Right Dimensions 101 Lot Use CondominiumMulti-FamilyPatio HomeSingle-FamilyTownhouse Road Surface Asphalt

    Interior Features

    Cable Available

    Property Features

    Contract Type 1-4 Resale Country United States Disclosures Sellers Disclosure Electric Electric Available Fee Other No Finance Available ConventionalInvestor Gas Gas Available Lot Size Source Appraisal District Maintenance Fee Yes No No Master Planned Community YN No Restrictions Unknown/Verify Tax Amount 5130 Tax Rate 2.5716 Tax Year 2020 Water Sewer Public SewerPublic Water

    Listing information © 2021 Houston Association of REALTORS® MLS.
    Listing courtesy of Champions Real Estate Group.



    © 2021 Houston Realtors Information Service, Inc. All rights reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2021-01-23T14:12:51.42.
     
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    Rachel Lee Realtor | UTR Texas Realtors
    17000 El Camino Real, Ste 107
    Houston TX, 77058