FOR SALE TO A SELECT BUYER 12,545 square feet of Houston’s best residential location At 12,500 square feet, this lot is one of the largest and most attractive in all of Crestwood. This is the perfect property for someone looking to live in one of Houston’s best neighborhoods. Minutes from Downtown, Galleria, Medical Center, Rice University, Minute Maid Field, Reliant Stadium, UH. Hermann Park and only one block from Memorial Park and PGA’s Houston Open Golf Course. This property is not a great fit for a speculative investor as the owner is only interested in selling over current FMV given today’s low interest/hot market and the rare nature of this large lot. Buying over FMV will put the buyer upside down for about the elapsed time it will take to raise the existing home and pool and build the custom home of their dreams. Once built you will have an amazing investment, look at property values of Crestwood for past 30 years! Owner is currently cash flowing the property at present and therefore in no rush to sell. ? There is no need to do a walk through of the existing home as it has a renter, and this is a tear down property. 100% of the necessary information is available on Harris County tax records and google maps. ? There is an 8,370 square foot Crestwood lot (402 Terrace) on Zillow for $1.2M you can do the math. ? also realize that the owner will not reply to lowball or FMV offers, again, please take a look at the Zillow listing on 402 Terrace mentioned above for price per square foot reference.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
