Rare opportunity to acquire a shovel-ready multifamily development site in a rapidly growing Houston submarket.This is a fully entitled 12-unit project with approvals and key pre-development work already completed, allowing a buyer to begin construction Now!The approved plans feature a 3-story apartment building consisting of 6 one-bedroom/one-bath units and 6 two-bedroom/two-bath units, designed with efficient layouts and strong rental appeal. Each unit includes a private balcony, and the project incorporates on-site storage units, creating additional income potential.The sale includes the development lot, approved architectural plans, completed geotechnical report, and partial impact fees already paid, significantly reducing timeline, risk, and upfront soft costs.This project can be executed as affordable housing for stable occupancy or upgraded to capture top market rents. Ideal for developers looking to fast-track a multifamily build in Houston.Buy today and start building tomorrow
Lot/land
Price cut: $40K (8/26)
$180,000
5009 Reed Rd, Houston, TX 77033
--beds
0baths
0.29Acres
Unimproved Land
Built in ----
0.29 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 113 days
- 50
- 6
Zillow last checked:
Listing updated:
Listed by:
Christian Asmatey TREC #0769017 281-788-1161,
Adeo Homes Realty
Source: HAR,MLS#: 82462379
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 0.29 Acres
- Features: Other, 0 Up To 1/4 Acre
Details
- Parcel number: 0751990190042
Utilities & green energy
- Sewer: Other, Public Sewer
- Water: Other, Public
- Utilities for property: Gas Availability Unknown, Cable Unknown, Electric Availability Unknown
Community & HOA
Community
- Subdivision: Sunnyside Gardens
Location
- Region: Houston
Financial & listing details
- Annual tax amount: $3,481
- Date on market: 5/27/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Price change | $180,000-18.2% |
Source: | ||
| 8/4/2026 | Price change | $220,000-10.2% |
Source: | ||
| 5/27/2026 | Price change | $245,000-14% |
Source: | ||
| 4/29/2026 | Price change | $285,000-3.4% |
Source: | ||
| 4/2/2026 | Listed for sale | $295,000+90.3% |
Source: | ||
| 10/20/2021 | Listing removed | -- |
Source: | ||
| 8/30/2021 | Pending sale | $155,000 |
Source: | ||
| 5/18/2021 | Listed for sale | $155,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: Sunnyside
Nearby schools
Schools provided by the listing agent
- Elementary: Woodson Elementary School
- Middle: Thomas Middle School
- High: Worthing High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





