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$799,999

0 Hagar Street, Houston, TX, 77091

On MarketInfo
Baths0 Bath

About this property

Prime development opportunity in a rapidly growing area of Houston. This property has been recently replatted, creating multiple build-ready lots ideal for residential development. The project comes with approved site plans, architectural designs, and engineered layouts, allowing for a streamlined path to construction. Plans include modern 2-story townhome designs with efficient layouts, maximizing both living space and lot utilization. Additional due diligence has already been completed, including topographic survey, geotechnical study, and utility planning, significantly reducing risk and upfront timeline for the next investor or builder. Located in an area experiencing strong redevelopment and demand, this is a rare opportunity to acquire a ready-to-develop project with much of the heavy lifting already completed. Buyer to verify all information and conduct their own due diligence.

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$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,800 /month
Positive
Cash Flow Estimate:
$1,600 /month

Interested in this property?

Luis Martinez

Big Lu Real Estate 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 Hagar Street | Property Details | No Agent List