Last 24 Hours
393Days on Market
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$499,000
7902 Lockwood Dr, Houston, TX, 77016
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About this property
Discover the potential of this prime 1-acre lot located at the high-traffic intersection of Lockwood Drive and Crosstimbers Street. Perfectly positioned for commercial or residential development, this property offers exceptional visibility and accessibility in a thriving area. Whether you’re envisioning a retail center, office space, or residential community, the lot's zoning allows for up to 18 single-family homes, offering tremendous flexibility for developers. With proximity to major roads and utilities, this is a rare opportunity to capitalize on a rapidly growing neighborhood. Don’t miss your chance to transform this versatile property into your next successful project!
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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.
Explore This Area
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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