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$495,000

3107 De Soto Street, Houston, TX, 77091

On MarketInfo
Baths0 Bath

About this property

Exceptional shovel-ready development opportunity in the rapidly evolving Highland Heights/ Oak Forest market. Fully replatted for 10 single-family residential lots with four reserves, the property offers a thoughtfully planned community with civil plans already completed- eliminating significant upfront entitlement and planning time and allowing a developer to move efficiently toward construction. Positioned in an area experiencing substantial new construction and continued investment, this offering presents an excellent opportunity to deliver a cohesive residential community in one of Houston’s most active corridors. An ideal acquisition for builders and developers seeking a well-positioned project with much of the preliminary development work already complete. Contact listing agent for plat, plans and additional development information

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$0Estimated Equity
0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

Interested in this property?

Michael Afshari

OakHouse Real Estate

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Financing Details

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

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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3107 De Soto Street | Property Details | No Agent List