

$530,000
815 Milby Street, Houston, TX, 77023
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About this property
New development opportunity in the heart of East Downtown (EaDo) and walking distance from Iron Works District. Plans in place for a 6-unit townhome development, ideal for builders, developers, and investors looking to capitalize on strong area growth and demand. The proposed project features six three-story units, desinged by Drafthouse Studios, each offering 3 bedrooms, 3.5 baths, and approximately 1,800–1,900 SF, with a shared driveway layout and potential downtown skyline views. Located minutes from Downtown Houston with walkable access to EaDo’s top restaurants, coffee shops, nightlife, and retail, this location continues to see rapid appreciation. Contact listing agent for additional details and full development package.
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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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