
$393,913
NAL Estimated Property Value8033 Lockwood Dr, Houston, TX, 77016
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About this property
This property is currently operating as an auto inspection station and is situated on a 1.5327-acre lot near the high-traffic intersection of Lockwood Drive and Weaver Road. Its prime corner location offers exceptional commercial potential, making it an ideal site for a variety of uses, including a food mart, restaurant, automotive services, retail space, or multi-family development. Positioned at a major intersection with access to public transportation and consistent daily activity, this property presents a strong opportunity for high-visibility commercial or mixed-use development.
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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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