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Investment Highlights

  • Access to the Texas Medical Center's 100k workforce via METRORail
  • Exceptional Visibility and Connectivity
  • Walkable to NRG Park
  • 8 points of access to 4 different streets

Executive Summary

The Property is one of the few remaining large development sites in the Texas Medical Center. The site is directly connected to NRG Park through N Stadium Dr, and the METRORail on Greenbriar connects the site to the remainder of the Texas Medical Center, as well as the Museum District and CBD. The Property has exceptional flexibility for use given it is surrounded by streets on all four sides and has eight access points, with the ability to add more. With the potential to attract medical, life sciences, multifamily, office, hospitality, and more, this unrestricted site presents a rare opportunity for the next large development project in the Texas Medical Center.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Healthcare
  • Hospital
  • Medical
Total Lot Size 21.43 AC
Year Built 1973
Opportunity Zone Yes
Zoning None - There are no zoning or density restrictions within the City of Houston

1 Lot Available

Lot

Lot Size 21.43 AC

± 19.2 acre development site in the Texas Medical Center in Houston, TX. Located at the intersection of Hwy 90 (Old Spanish Trail) and Greenbriar Dr, the Property is visible to over 28k vehicles per day.

Description

Located at the intersection of Hwy 90 (Old Spanish Trail) and Greenbriar Dr, the Property is visible to over 28k vehicles per day. The site is directly connected to NRG Park through N Stadium Dr, and the METRORail on Greenbriar connects the site to the remainder of the Texas Medical Center, as well as the Museum District and CBD. The Property has exceptional flexibility for use given it is surrounded by streets on all four sides and has eight access points, with the ability to add more. With the potential to attract medical, life sciences, multifamily, office, hospitality, and more, this unrestricted site presents a rare opportunity for the next large development project in the Texas Medical Center.

Moderately walkable
70/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
1040840000001
Land Assessment
$55,779,960
Improvements Assessment
$991,069
Total Assessment
$56,771,029
  • Listing ID: 39852969

  • Date on Market: 3/20/2026

  • Last Updated:

  • Address: 1500 Old Spanish Trl, Houston, TX 77054

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