




$1,650,000
5110 Allison Road, Houston, TX, 77048
About this property
Large, ready to build on land tract located in redeveloping area. Nearby new development includes single family housing, rental housing, industrial and business uses as well as new commercial development. Property is located 2 miles from Beltway 8, 3 miles from 288/South Freeway, 8 miles from the Texas Medical Center, 14 miles from downtown Houston. Property includes city sewer, electricity and nearby water access and is READY for development. Assemblage of about additional 5-10 acres maybe possible as well.
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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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