1502 Lee Street #5, Houston, Texas 77009
$499,000
4 Beds
2 Full Baths
Multi-Family
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About 1502 Lee Street #5
Exceptional Investment Opportunity! Rare opportunity to own a 10,000 SF corner lot minutes from Downtown Houston in one of the city’s hottest redevelopment areas. Property features two separate structures including a triplex and a single family home, creating multiple income producing opportunities. The single family home offers potential for duplex conversion with an upstairs kitchen and separate exterior access already in place. Fully gated with ample parking, storage building, and large yard. Ideal for a rehab project, rental portfolio, new construction, duplexes, townhomes, multifamily development, or a custom residence. Surrounded by new construction and rapidly rising property values. No HOA. Sold as is. Opportunities like this are becoming harder to find as the area continues to grow and appreciate.
Highlights
1502 Lee Street #5
$499,000
Multi-Family
4,900 Home Sq Ft
Houston 77009
4 Beds
2 Full Baths
10,000 Lot Sq Ft
General Description
Taxes & Fees
Tax ID
023-011-000-0005
Tax Rate
2.1252%
Taxes w/o Exemption/Yr
$12,448 / 2025
Maint Fee
No
Interior Features
Fireplace
No
Floors
Tile, Wood
Heating
Natural Gas
Cooling
Ceiling Fan(s), Electric
Dishwasher
No
Range
No
Disposal
No
Microwave
No
Loft
No
Exterior Features
Roof
Composition
Exterior Type
Insulation - Blown Fiberglass, Vinyl Siding, Wood Siding
Private Pool
No
Area Pool
Maybe
New Construction
No
Listing Firm
Watkins Realty LLC
Schools
| Name | Grade | Great School Ranking |
|---|---|---|
| Sherman Elem | Elementary | 7 of 10 |
| Marshall Middle (Houston) | Middle | None of 10 |
| Northside High | High | None 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.
