$870,290
1031 Richelieu Ln, Houston, TX, 77018
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Highly sought-after Shepherd Park Plaza in the rapidly revitalized Shepherd Corridor, this ~3,700+ SF home offers a rare value-add opportunity in a prime location. Features include multiple living areas for entertaining and everyday living, a spacious family gathering area, and a flexible dining space ideal for a home office or study. A standout is the oversized garage living space with full bath and kitchenette, perfect for au pair, guests, or multigen living. The primary suite offers privacy with modern finishes, while a secondary bedroom sits adjacent to a massive bath that can easily be converted into a private en-suite, creating the potential for three en-suite bedrooms—a rare find. Design renderings available to showcase layout, flow, and finish possibilities. Roof needed; seller open to structuring. Price reflects condition and strong upside potential for customization. Drop
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Learn About the Market: Opportunity in Houston




Explore
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.
Population Growth
~1.2%
Net Migration
Positive
Median Home Price
$261,700
Unemployment Rate
4.10%
Price Trend
~2–4% YoY growth
New Permits
~6,800 units
City: Houston
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These are Deal List properties graded A+, A.
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