5009 Reed Road, Houston, Texas 77033
$295,000
0 Beds
0 Full Baths
Lots
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About 5009 Reed Road
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
Highlights
5009 Reed Road
$295,000
Lots
Houston 77033
12,602 Lot Sq Ft
General Description
Taxes & Fees
Tax ID
075-199-019-0042
Tax Rate
2.1252%
Taxes w/o Exemption/Yr
$3,481 / 2025
Maint Fee
No
Interior Features
Fireplace
No
Dishwasher
No
Range
No
Disposal
No
Microwave
No
Loft
No
Exterior Features
Water Sewer
Other Water/Sewer, Public Sewer
Private Pool
No
Area Pool
Maybe
Lot Description
0 Up To 1/4 Acre, Other
New Construction
No
Listing Firm
Adeo Homes Realty
Schools
| Name | Grade | Great School Ranking |
|---|---|---|
| Woodson Elem | Elementary | 5 of 10 |
| Thomas Middle | Middle | 4 of 10 |
| Worthing High | High | 4 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.
