218 W. 15th Street #15, Houston, Texas 77008
$2,200,000
2 Beds
1 Full Bath
Multi-Family
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About 218 W. 15th Street #15
A rare dirt-value investment opportunity in the heart of Houston Heights. Located at 218 W 15th, this property sits on an A-tier block surrounded by high-end new construction and renovated homes, offering immediate upside for investors seeking location, walkability, and long-term appreciation.
Loan is assumable at extremely attractive rate.
The existing improvements provide multiple value-add pathways: renovate and reposition the current units for premium rental income or redevelop and maximize the site’s potential in one of Houston’s strongest-performing submarkets.
At essentially land value pricing, investors secure a blue-chip Heights lot with built-in equity and flexible exit strategies. Hold, renovate, or rebuild — the numbers work every way. Opportunities like this, on a block this desirable, rarely come to market.
Highlights
218 W. 15th Street #15
$2,200,000
Multi-Family
11,418 Home Sq Ft
Houston 77008
2 Beds
1 Full Bath
19,800 Lot Sq Ft
General Description
Taxes & Fees
Tax ID
020-151-000-0022
Tax Rate
2.0924%
Taxes w/o Exemption/Yr
$54,248 / 2025
Maint Fee
No
Interior Features
Fireplace
No
Heating
Natural Gas
Cooling
Electric
Dishwasher
No
Range
No
Disposal
No
Microwave
No
Loft
No
Exterior Features
Roof
Tile
Private Pool
No
Area Pool
Maybe
New Construction
No
Listing Firm
All City Real Estate
Schools
| Name | Grade | Great School Ranking |
|---|---|---|
| Love Elem | Elementary | 6 of 10 |
| Hamilton Middle (Houston) | Middle | 6 of 10 |
| Heights High | High | 6 of 10 |
School information is generated by the most current available data we have. However, as school boundary maps can change, and schools can get too crowded (whereby students zoned to a school may not be able to attend in a given year if they are not registered in time), you need to independently verify and confirm enrollment and all related information directly with the school.
