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$260,460
5120 Scott St, Houston, TX, 77004
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Awesome development opportunity! Vacant commercial land in the Greater Third Ward on a super busy street - Scott near Southmore. Existing building demolished and site ready for grading and new construction. All utilities are accessible to the subject site. Subject property made up of 2 parcels for a total of 11,966 sq. ft. according to latest Survey (two (2) HCAD accts. 0410310340085 & 0410310340050). Approx. 100' x 118' on south side & 100' x 119' on north side with frontage and access on Scott St. Subject site within walking distance of the University of Houston and Texas Southern University and METRO Light Rail. Fenced on 2 sides. 5 to 10 minutes from Downtown, Medical Center, Eado, Midtown, etc.
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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.
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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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