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419 W Gray St
Houston, TX 77019
Land For Sale
·
0.75 AC
Investment Highlights
- Approximately 0.75 acres available for redevelopment in Houston's Montrose neighborhood.
- City of Houston utilities are available to serve future development.
- The site is located outside the floodplain.
- The site features approximately 250 feet of frontage along W. Gray Street.
- The property is reported to have no development restrictions.
- Convenient access to Downtown Houston, Midtown, Buffalo Bayou, and surrounding mixed-use destinations.
Executive Summary
Positioned between Downtown Houston, Midtown, and Buffalo Bayou, the property is surrounded by an established mix of residential, retail, office, hospitality, and mixed-use development. Nearby projects include Regent Square, Montrose Collective, and several recently delivered multifamily communities that have contributed to continued investment throughout the area. The location provides convenient connectivity to major employment centers, entertainment destinations, neighborhood services, and recreational amenities, supporting long-term demand for redevelopment.
With limited undeveloped land remaining in Montrose, sites of this scale have become increasingly uncommon. The property's frontage, central location, and development flexibility create an attractive opportunity for investors, developers, and owner-users seeking a well-positioned land holding within one of Houston's most established urban districts.
Property Facts
1 Lot Available
Lot 1
| Lot Size | 0.75 AC |
| Lot Size | 0.75 AC |
Rare redevelopment parcel in Houston's Montrose district featuring approximately 250 feet of frontage along W. Gray Street. The site is utility-served, outside the floodplain, and offers flexible development potential with no known restrictions.
Description
The property consists of approximately 32,872 square feet of land located at 419-515 W. Gray Street in Houston's Montrose neighborhood. The site offers approximately 250 feet of frontage along W. Gray Street, is served by City of Houston utilities, is located outside the floodplain, and is reported to have no development restrictions. The property is situated near Downtown Houston, Midtown, Buffalo Bayou Park, Regent Square, and other mixed-use and residential developments.
Property Taxes
| Parcel Number | 0560540000010 | Improvements Assessment | $0 |
| Land Assessment | $622,250 | Total Assessment | $622,250 |
Property Taxes
