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8711 & 8715 Ilona Ln - Two 8,400-SF Tracts with Duplexes Available 0.39 Acres of Residential Land Offered at $2,099,500 in Houston, TX 77025
INVESTMENT HIGHLIGHTS
- 2 Ideal Townhome Development Tracts Near Texas Medical Center Available for Sale
- Property is zoned to highly rated Bellaire High School
- Close proximity to the Texas Medical Center
EXECUTIVE SUMMARY
Two 8,400-SF Tracts with Duplexes Available For Sale in Houston, TX
• All 4 units are 3BR / 2BA, each unit is 1,675-SF and leased out with short term leases
• In close proximity to the Texas Medical Center, the worlds largest medical complex, boasting a workforce of 92,500,
along with 34,000 students and annual patient visits amounting to 7.1 million. Also nearby are Rice University (10
minutes away), Meyerland Plaza (7 minutes away), NRG Stadium (6 minutes away), and Hermann Park
• Property is zoned to highly rated Bellaire High School
• Majority of parcel and buildable area is in the 500 year flood plain (neither flooded during Harvey)
• Deed restrictions allow for multiple unit development
• All 4 units are 3BR / 2BA, each unit is 1,675-SF and leased out with short term leases
• In close proximity to the Texas Medical Center, the worlds largest medical complex, boasting a workforce of 92,500,
along with 34,000 students and annual patient visits amounting to 7.1 million. Also nearby are Rice University (10
minutes away), Meyerland Plaza (7 minutes away), NRG Stadium (6 minutes away), and Hermann Park
• Property is zoned to highly rated Bellaire High School
• Majority of parcel and buildable area is in the 500 year flood plain (neither flooded during Harvey)
• Deed restrictions allow for multiple unit development
PROPERTY FACTS
| Price | $2,099,500 | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.39 AC |
| Property Type | Land |
| Price | $2,099,500 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Commercial |
| Total Lot Size | 0.39 AC |
1 LOT AVAILABLE
Lot
| Price | $2,099,500 | Lot Size | 0.39 AC |
| Price Per AC | $5,445,001.47 |
| Price | $2,099,500 |
| Price Per AC | $5,445,001.47 |
| Lot Size | 0.39 AC |
DESCRIPTION
• Approximate Size: ±8,400-SF with 3,346-SF buildings • School District: HISD • Frontage: ±140 feet on Ilona Ln • Traffic Counts: Approx. 8,888 VPD on Buffalo Speedway Approx. 8,276 VPD on N Braeswood Blvd Approx. 5,486 VPD on S Braeswood Blvd Approx. 14,552 VPD on Stella Link Rd • Utilities: To The Property • Engineering/Detention: Needs to be analyzed • Restrictions: Residential Build
Bike Score®
Very Bikeable (70)
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8711 & 8715 Ilona Ln - Two 8,400-SF Tracts with Duplexes Available
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