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$592,950

14508 Reeveston Rd, Houston, TX, 77039

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$450 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

BankruptcyAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2

Exterior

Lot Size2.86 acres

Building Information

Year Built1992

Land Information

APN0041730000193
SubdivisionAldine Gardens
Land UseIndustrial
Legal DescriptionTRS 38B & 39E ALDINE GARDENS SEC 1
Census Tract222800
Assessed Land Value$435,747
Assessed Improvement Value$157,203
Assessment Year2025

About this property

For sale: Unrestricted 2.86-acre commercial lot only 5.8 mi from IAH, 1.5 mi from Sam Houston Tollway, and 1.3 mi from Hardy Toll Rd. Prime location with excellent highway access. Features 1 mobile home, 2 metal workshops, paved driveway, and fully stabilized yard—ideal for car businesses, truck parking, equipment storage, or other commercial use. Price reduced due to pending city violations from unpermitted constructions by the previous owner (structures, mobile home, and paved driveway). Buyer may obtain permits to comply or remove them. Selling as is for lot value. Fully fenced and gated with utilities, septic installed, and outside all flood zones. Rare opportunity near the airport with no zoning—ideal for industrial, commercial, or future development.

Investor Tools

Property Icon
$592,950
Estimated Property Value
$0Estimated Mortgage Balance
$592,950Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,400 /month
Positive
Cash Flow Estimate:
$1,800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$690/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,317
$592,950
2025
$435,747
$157,203
$592,950
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,317
$592,950

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$592,950
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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14508 Reeveston Rd | Property Details | No Agent List