32607 Octavia Drive, Houston, Texas 77354
$390,000
3 Beds
2 Full Baths
Single-Family
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About 32607 Octavia Drive
Attention investors and developers! This rare opportunity features more than ½ acre of land on a highly desirable corner lot, offering excellent potential for future development while generating immediate rental income.
The property includes two existing rental homes (ALREADY LEASED), providing cash flow from day one. With its generous lot size, corner location, and development possibilities (subject to local zoning and approvals), this property is ideal for investors looking to expand their portfolio or explore new construction opportunities.
Whether you're seeking a buy-and-hold investment, redevelopment project, or a combination of both, this versatile property offers exceptional upside. Large parcels with existing income and building potential are increasingly difficult to find—don't miss this unique opportunity.
Highlights
32607 Octavia Drive
$390,000
Single-Family
1,440 Home Sq Ft
Houston 77354
3 Beds
2 Full Baths
26,249 Lot Sq Ft
General Description
Taxes & Fees
Tax ID
155783
Tax Rate
1.5808%
Taxes w/o Exemption/Yr
$1,411 / 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
Foundation
Pillar/Post/Pier
Roof
Composition
Exterior Type
Other, Wood Siding
Water Sewer
Septic Tank
Private Pool
No
Area Pool
Maybe
Lot Description
1/2 Up to 1 Acre, Other
New Construction
No
Listing Firm
Spring Branch Realty Inc.
Schools
| Name | Grade | Great School Ranking |
|---|---|---|
| Magnolia Parkway Elem | Elementary | 7 of 10 |
| Magnolia Parkway Jr High | Middle | None of 10 |
| Magnolia High | High | 7 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.
