
$246,000
NAL Estimated Property Value7407 Banyan St, Houston, TX, 77028
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About this property
This oversized 17,000 sq ft lot in NE Houston Gardens offers a rare opportunity to bring your vision to life. Located just 10 minutes from Downtown Houston and directly across the street from Elbert Park, it provides a beautiful and convenient setting for your dream home. Whether you're looking to build a custom residence or invest in a growing area, this property is a blank canvas full of potential. The spacious lot offers flexibility for layout and design, while the surrounding neighborhood provides a balance of urban access and community charm. The site is ready for redevelopment—don't miss the chance to create something special in one of Houston’s up-and-coming areas!
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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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