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Days158Days on Market
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$320,000

1212 Lockwood Dr, Houston, TX, 77020

On MarketInfo
CommercialInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size7,998 sqft

Land Information

APN0581440000001
Lot Number2,3
SubdivisionBuena Vista
Land UseCommercial
Legal DescriptionLTS 2 & 3 BLK 4 BUENA VISTA
Census Tract211502
Assessed Land Value$200,000
Assessment Year2025

About this property

Prime CORNER LOT GEM!– Endless Possibilities! Unlock the full potential of this unrestricted corner property, ideal for a wide range of uses including residential, or mixed-use development. Whether you're looking to build your dream home, or pursue a multi-use investment, this location offers limitless opportunities to suit your vision in a booming location. Perfect for homeowners, entrepreneurs, and investors alike, this rare find provides exceptional flexibility and visibility. Take advantage of the strategic location and versatile zoning to bring your project to life. Prime location minutes away from Downtown Houston with easy access to I-10 , major highways and roads. shopping centers, commercial and residential on surrounding areas. Low taxes. This lot is ready to be developed! (Also for sale adjacent 4,000 sqft located behind this lot - MLS#: 78598051 - 0 San Juan). Some photos show the 2 listing with the lines showing the separation of the 2 lots! Thanks for visiting!

Investor Tools

$0Estimated Mortgage Balance
$200,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month

Interested in this property?

Lina Botero

Walzel Properties - Corporate Office

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$432/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,185
$200,000
2025
$200,000
N/A
$200,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,185
$200,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$200,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Houston

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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.

Explore Texas Explore This Area
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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