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$220,000

0 Crandon Street, Houston, TX, 77026

On MarketInfo
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Baths0 Bath

About this property

Exceptional Development Opportunity in Houston! Rare development opportunity in Houston! This offering includes four recently replatted and separately subdivided unimproved lots, ideal for builders, developers, and investors. Plans are already approximately 90% approved by the City, helping accelerate the development process and reduce time to construction. An assumable new construction loan may be available for qualified buyers, providing additional development benefits; inquire for details and potential cost savings. Each individually platted lot allows for the construction of a single-family home, offering the option to build and sell separately or develop as a cohesive residential project. Spacious lots provide room for modern floor plans and desirable outdoor living spaces. Conveniently located near major highways, shopping, dining, and everyday amenities. Excellent opportunity to build multiple homes in an established and growing Houston neighborhood.

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$0Estimated Equity
0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

Interested in this property?

Cameron Namazi

Summit Realty & Associates LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Houston

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Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

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Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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0 Crandon Street | Property Details | No Agent List