Courtesy of: Anthony Griffin, Tidal Realty Services LLC, agriffin@gbvaluation.com
Courtesy of: Anthony Griffin, Tidal Realty Services LLC, agriffin@gbvaluation.com
$199,999
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Lot: 0.29 Acres
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Other
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$199,999
5129 Reed Road 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.
Courtesy of: Anthony Griffin, Tidal Realty Services LLC, agriffin@gbvaluation.com
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