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Key Details
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Morgan
MLS Listing ID 54570080
Annual Tax Amount $13,495
Tax Year 2023
Lot Size 0.558 Acres
Property Description
Discover the potential of this .55ac parcel on South Shepherd Drive, near Westheimer. Ideal for multifamily and retail development, this below-market-priced property. As a bank-owned property, it's perfect for developers seeking a prime location in an affluent area.
Located 15 minutes from downtown Houston, 5 minutes from Greenway Plaza, and 10 minutes from the Galleria, the property features dual ingress/egress for easy access via San Felipe/Westheimer. The neighborhood, with homes selling for $1,000,000+, underscores its upscale appeal.
This is one of the last multi-parcel opportunities in the prestigious River Oaks/Upper Kirby area, ideal for multi-lot residential development. With high-value neighboring properties and an affluent demographic, the potential for high-end residential or mixed-use development is exceptional.
Don't miss this opportunity to develop in one of Houston's most sought-after areas.
Location
State TX
County Harris
Community Curbs, Gutter(S), Sidewalks
Area 16
Exterior
Fence Fenced
Community Features Curbs, Gutter(s), Sidewalks
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available
Building
Lot Description Cleared, Interior Lot, Other, Split Possible
Sewer Public Sewer
Water Public
Schools
Elementary Schools Baker Montessori School
Middle Schools Lanier Middle School
High Schools Lamar High School (Houston)
School District 27 - Houston
Others
Special Listing Condition Real Estate Owned
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Bought with Douglas Joseph Realty