5315 Terry St, Houston, TX 77009

$189,000

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List Price
$189,000
Status
ACTIVE
MLS#
72241738
Days on Market
38
Lot Size
5,000
Lot Size Source
Appraiser
Subdivision
Marder Heights
Region
9
Market Area
Northside
County
Harris

Property Description

TWO LOTS – DEVELOPER OPPORTUNITY! A true developer special with all groundwork already completed. The property has been fully subdivided and recorded into two lots. The current and recorded plat includes front-loading homes with separate driveway/access for each lot—an arrangement that is no longer permitted under current city regulations, making this an extremely rare and valuable approved configuration to build two front-loaders! Options include two single-family homes (front-loaders), a larger custom single-family residence using both lots, or a townhome concept with shared driveway access. Existing structure may also be renovated. Surrounded by new construction directly across the street and throughout the surrounding area, this rapidly redeveloping neighborhood inside the 610 Loop offers strong upside potential with quick access to I-45, US-59, I-10, and the Hardy Toll Road. Distressed existing home is sold primarily for lot value. Priced to move in a high-demand area.

Additional Information

Taxes
$1,831
Neighborhood
Northside
Utilities
Cable Available, Electricity Available, Natural Gas Available, Phone Available
Lot Description
Cul-De-Sac
School District
Houston
Elementary School
Jefferson Elementary School (Houston)
Middle School
Marshall Middle School (Houston)
High School
Northside High School

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of NextHome Centurion Realty.