$279,000

1502 Hussion Street

Houston TX, 77003

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.

Details

MLS#91002650
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site18

Features

Acreage0.11
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Area Information
StateTX
CountyHarris
CityHouston
Zip Code77003
Area4
Community NameTaylor W J
Listing VS Median (in Taylor W J)
Price:
$279,000
low | high
Med:
$279,000
50% of Average
On Site:
18
low | high
Med:
18
100% of Average
Listing Updated: January 21, 2021 10:15:26 AM PST
Mary Bohol LogoMLS Number: 91002650
Listing Provided By:
Mary Bohol  of  Champions Real Estate Group

MLS Internet Data Exchange (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, and that the data is deemed reliable but is not guaranteed accurate by the Houston Association of REALTORS®.