




$1,182,853
NAL Estimated Property Value15200 Point Northwest, Houston, TX, 77095
About this property
Take a look at this cleared lot just a few feet off of Highway 6 near the intersection of 290. This property has been approved for the construction of a new 60-unit multifamily project, and would also be an excellent fit for a new retail or flex building. The owner is a builder and can help your client with the construction of their new property at this site. This is one of the very few shovel-ready lots available in this area.
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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.
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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