
$189,000
5315 Terry Street, Houston, TX, 77009
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About this property
TWO LOTS – DEVELOPER OPPORTUNITY! A true developer special with all groundwork already completed. The property has been fully subdivided and recorded into two lots. The current and recorded plat includes front-loading homes with separate driveway/access for each lot—an arrangement that is no longer permitted under current city regulations, making this an extremely rare and valuable approved configuration to build two front-loaders! Options include two single-family homes (front-loaders), a larger custom single-family residence using both lots, or a townhome concept with shared driveway access. Existing structure may also be renovated. Surrounded by new construction directly across the street and throughout the surrounding area, this rapidly redeveloping neighborhood inside the 610 Loop offers strong upside potential with quick access to I-45, US-59, I-10, and the Hardy Toll Road. Distressed existing home is sold primarily for lot value. Priced to move in a high-demand area.
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Learn About the Market: Opportunity in Houston




Explore
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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