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0 Deerwood 7.15 Acres of Commercial Land Offered at $4,750,000 in Houston, TX 77042
Investment Highlights
- Rare 7.15-Acre Unrestricted Development Opportunity
- Backs to Buffalo Bayou Corridor
- Rolling Topography with Unique Development Character
- Near CityCentre, Memorial City & Energy Corridor
- Mixed-Use, Residential, Commercial & Multifamily Potential
- Minutes from Beltway 8, I-10 & Westpark Tollway
Executive Summary
One of the last remaining large acreage tracts in the area, the site offers exceptional potential for residential, commercial, mixed-use, multifamily, hospitality, office, or private estate development. Its distinctive terrain and natural landscape provide an opportunity for a creative developer to design a project that embraces the property's character and setting.
Conveniently located just west of Beltway 8 with easy access to I-10, Westheimer Road, and Westpark Tollway. The property is minutes from CityCentre, Memorial City, Town & Country, Terry Hershey Park, the Energy Corridor, and numerous retail, dining, medical, and employment centers.
Available due diligence materials include survey, environmental reports, geotechnical reports, and conceptual development renderings. Buyers should independently verify all development requirements, land use considerations, and suitability for their intended use.
Contact broker for additional information and available property documents.
Property Facts
1 Lot Available
Lot
| Price | $4,750,000 | Lot Size | 7.15 AC |
| Price Per AC | $664,335.66 |
| Price | $4,750,000 |
| Price Per AC | $664,335.66 |
| Lot Size | 7.15 AC |
Rare 7.15-acre unrestricted tract in Westchase backing to the Buffalo Bayou corridor, featuring mature hardwoods, rolling topography, ravines, and exceptional mixed-use, residential, commercial, or investment potential.
Description
Rare 7.15-acre unrestricted development opportunity located in Houston's highly desirable Westchase District. One of the last remaining large acreage tracts in the area, this unique property backs to the Buffalo Bayou corridor and offers a natural setting rarely found within the city. The site features mature hardwood trees, rolling topography, natural ravines, and approximately 531 feet of frontage along Deerwood Drive. Its distinctive terrain creates an exceptional opportunity for a developer, investor, or owner-user seeking a project that embraces the character of the land while capitalizing on a premier infill location. Potential uses include residential, multifamily, mixed-use, hospitality, office, commercial, or private estate development. Conceptual architectural renderings have been prepared to illustrate one possible mixed-use vision for the property; however, all future development concepts are subject to buyer investigation, engineering, governmental approvals, and independent feasibility studies. Conveniently located just west of Beltway 8 with immediate access to I-10, Westheimer Road, and Westpark Tollway. The property is minutes from CityCentre, Memorial City, Town & Country Village, Terry Hershey Park and Trail System, the Energy Corridor, and numerous employment, retail, dining, and medical destinations. Available due diligence materials include survey, environmental reports, geotechnical reports, and conceptual development renderings. Contact broker for additional information and property documents.
Property Taxes
| Parcel Number | 1088060000001 | Improvements Assessment | $0 |
| Land Assessment | $2,329,112 | Total Assessment | $2,329,112 |
Property Taxes
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0 Deerwood
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