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$1,625,000
Est. payment /mo
0.62 Acres Lot
UPDATED:
11/07/2024 10:56 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Oak Lawn
MLS Listing ID 45312626
Lot Size 0.620 Acres
Acres 0.62
Property Description
This is an rare opportunity to acquire a large parcel of land in the rapidly changing East End. Hard corner lot. This sale consists of 1 parcel of 27,000 and 1 other contiguous parcel of 6,500 sq. ft. with a rented residence. Idealy like to sell together but would sell 27,000 sq ft by itself. The main building on Sherman is rented out with leases expiring in about 1 year. Lockwood property currently vacant as of Sept 15. Was used as 2 bd, 1 1/2 bath residential workshop. You can keep the buildings rented while you plan for redevelopment. This is currently priced below what other deals are getting done in the East End (EADO). Only 2.5 miles from the 169acre East River Project development by Midway. City infrastructure being updated on the street. New housing being built all around. One block to the Hike and Bike trail. Purchase both parcels on Sherman and Lockwood for additional Pricing Enhancements. The RED OUTLINE in the picture shows both properties together.
Location
State TX
County Harris
Area East End Revitalized
Exterior
Accessibility Driveway Gate
Building
Lot Description Can Be Subdivided, Corner, Level, Open, Other
Lot Size Range 1/2 Up to 1 Acre
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Burnet Elementary School (Houston)
Middle Schools Navarro Middle School (Houston)
High Schools Austin High School (Houston)
School District 27 - Houston
Others
Senior Community No
Restrictions No Restrictions,Unknown/Verify
Tax ID 028-030-000-0015
Disclosures No Disclosures, Owner/Agent
Special Listing Condition No Disclosures, Owner/Agent
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Listed by NB Elite Realty