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$156,492

2319 Lorraine St, Houston, TX, 77026

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size12,388 sqft

Land Information

APN0151970000004
Lot Number9
SubdivisionGreggs
Land UseResidential
Legal DescriptionLT 9 & TRS 10 & 11B BLK 7 GREGGS SEC 2
Census Tract210800
Assessed Land Value$156,492
Assessment Year2024

About this property

WELCOME TO 2319 Lorraine Street & 1911 West Street! Builders and investors—this is your opportunity to secure a prime development site in the heart of Houston! This expansive 18,188 SF lot includes two replotted addresses and is fully replatted for 7 new construction patio homes, making it a turnkey development opportunity. Located just minutes from Downtown Houston, this property is ideally positioned in one of the city's fastest-growing urban corridors. The area is surrounded by new construction, reflecting strong demand and long-term growth potential. Enjoy close proximity to major destinations such as the East River Development, East River 9 Golf Course, and other thriving commercial and entertainment hubs. Whether you're planning to build for resale or long-term investment, this lot offers unparalleled flexibility and upside in a rapidly appreciating neighborhood. Don’t miss this rare opportunity to develop in one of Houston’s most desirable infill locations!

Investor Tools

Property Icon
$156,492
Estimated Property Value
$0Estimated Mortgage Balance
$156,492Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,594 /month
Positive
Cash Flow Estimate:
$1,198 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$328/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,153
$156,492
2024
$156,492
N/A
$156,492
No

Tax History

Year
Tax Paid
Assessed Value
2023
$3,153
$156,492

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$156,492
100%
0%
$0/mo

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.

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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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2319 Lorraine St | Property Details | No Agent List