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7502 Ley Rd - Redevelopment Potential 0.48 Acres of Commercial Land Offered at $249,900 in Houston, TX 77028

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Investment Highlights

Nearly 1/2-acre lot
Minutes to Major Freeways

High Traffic Counts

Executive Summary

LOCATION! LOCATION! LOCATION! This prime 20,854+/- SqFt. corner lot offers endless possibilities to build any number of projects including single family homes, a townhome complex, duplexes or a tiny home community. Offering high visibility frontage on Ley Road, this property is minutes from I-610, US 69, The Hardy Toll Road, I-45 and is within close proximity to The Texas Medical Center, Downtown, shopping areas and dining destinations. The property currently offers a cozy and charming 3 bedroom, 1 bath home with garage allowing you to live or work comfortably while you design your new home or development. The home offers hardwood floors, a family room with French doors leading to a recently installed deck, kitchen with tile floors and granite tile counters. Outside offers front and side porches and a fully-fenced yard. All utilities are available and ready for its new owners to turn their dreams into reality. Low tax rate! DON'T MISS THIS GREAT LOCATION AND OPPORTUNITY!!

Property Facts

Price	$249,900	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Multifamily
Sale Condition	Redevelopment Project	Total Lot Size	0.48 AC
No. Lots	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Land

Price	$249,900
Sale Type	Investment or Owner User
Sale Condition	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Multifamily
Total Lot Size	0.48 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	$249,900	Lot Size	0.48 AC
Price Per AC	$521,993.06

Price	$249,900
Price Per AC	$521,993.06
Lot Size	0.48 AC

Prime Corner Lot on nearly a 1/2-acre offers endless possibilities on which to build any number of projects including a single-family home project, a townhome project or duplex units.

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