Last 24 Hours
89Days on Market
1view
$649,000
8243 Telephone Road, Houston, TX, 77061
0 BathHighlights
Interior
Bathrooms 0Exterior
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About this property
Incredible value-in-land opportunity situated in the heart of the rapidly growing Greater Hobby Area. This 19,998 sq. ft. commercial lot (0.46 acres) boasts approximately 100 feet of high-visibility frontage on the bustling Telephone Road corridor. Surrounded by established businesses and high-demand commercial developments, this level, rectangular parcel is perfectly positioned for success less than one mile from William P. Hobby Airport. The site currently features a 4,420 sq. ft. commercial building (built in 1975) offered strictly for lot value as a full renovation or teardown project. Sold as-is, where-is, this property provides a versatile footprint for a custom build, professional office, or specialized facility in a high-traffic urban setting. Public utilities are available.
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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.
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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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