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$170,000

5011 Reed Road, Houston, TX, 77033

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,320 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$128.79 / sqft
Year BuiltBuilt in 1940

About this property

This expansive 0.29-acre parcel (approximately 12,632 sq ft) stands out as a prime build site in southeast Houston, where generous lot sizes are increasingly rare and highly sought after. While there is an existing older home, the true gem here is the spacious, cleared land—perfect for your dream custom home, a modern duplex, or investment property with room to grow. Location is everything, and this property delivers: close to key amenities including parks, shopping, and major thoroughfares for seamless connectivity across the city. In an up-and-coming area with strong community roots and rising potential, this lot represents exceptional value for builders, investors, or homeowners ready to create something new. Don't miss your chance to claim this versatile, conveniently located property—ideal for building the future you envision!

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$0Estimated Mortgage Balance
$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
$1,020 /month
Positive
Cash Flow Estimate:
$340 /month

Interested in this property?

John Braun

Bayou Properties Realty, LLC

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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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5011 Reed Road | Property Details | No Agent List