




$211,000
NAL Estimated Property Value1501 Avenue L, South Houston, TX, 77587
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About this property
Attention investors, flippers, and anyone looking for their next project. Situated on a large corner lot with no restrictions, this 3-bedroom, 1-bath home offers plenty of potential in an established South Houston area. The floor plan features a spacious living room, kitchen and dining combination, washer and dryer hookups, and a layout ready for renovation and customization. This property will require significant repairs and updates and is being marketed for its value, location, and opportunity rather than its current condition. With no restrictions, the oversized lot provides flexibility for a variety of future uses. Conveniently located near schools, parks, shopping, dining, and major commuter routes with quick access to Downtown Houston, Hobby Airport, and surrounding employment centers. Bring your vision, tools, and contractor. Opportunities like this on a large unrestricted corner lot are becoming harder to find.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: South Houston
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