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Spencer Hwy - Multi-Family Zoned 10.8 Acres on Spencer Hwy 10.8 Acres of Residential Land Offered at $2,400,000 in La Porte, TX 77571



Investment Highlights
- Frontage on Spencer Highway zoned for Multi-Family
- Great Dimensions for Development
Executive Summary
Great Multi-Family Zoned Tract on Spencer Highway in La Porte, Texas (Southeast Houston MSA)
--+/- 10.8 Acres (per survey)
--+/- 17,000+ CPD (Spencer Hwy)
--Near Beezer Homes Morgan’s Landing master planned community
--Close to HEB, Walmart, Kroger, Five Points Town Plaza, Bay Forest Golf Club, Houston Yacht Club, Sylvan Beach Park, Pecan Park Sports complex and many restaurants and retailers
--Multifamily Zoned Tract
--Detention will be required
--494’ Frontage On Spencer Highway
--Great dimensions for development (rectangular)
--Close to Hwy 146, Hiwy 225 & Sens Road /Bay Area Boulevard
--Zoned R-3 High Density Residential
--PRICE: Call Broker
--+/- 10.8 Acres (per survey)
--+/- 17,000+ CPD (Spencer Hwy)
--Near Beezer Homes Morgan’s Landing master planned community
--Close to HEB, Walmart, Kroger, Five Points Town Plaza, Bay Forest Golf Club, Houston Yacht Club, Sylvan Beach Park, Pecan Park Sports complex and many restaurants and retailers
--Multifamily Zoned Tract
--Detention will be required
--494’ Frontage On Spencer Highway
--Great dimensions for development (rectangular)
--Close to Hwy 146, Hiwy 225 & Sens Road /Bay Area Boulevard
--Zoned R-3 High Density Residential
--PRICE: Call Broker
Property Facts
| Price | $2,400,000 | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 10.80 AC |
| Property Type | Land | Cross Streets | Boyett Street |
| Zoning | R-3 - R-3 | ||
| Price | $2,400,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 10.80 AC |
| Cross Streets | Boyett Street |
| Zoning | R-3 - R-3 |
1 Lot Available
Lot
| Price | $2,400,000 | Lot Size | 10.80 AC |
| Price Per AC | $222,222.22 |
| Price | $2,400,000 |
| Price Per AC | $222,222.22 |
| Lot Size | 10.80 AC |
+/- 10.8 Acres (per Survey) +/- 17,000+ CPD (Spencer Hwy) Detention will be required
Description
Tract is located near San Jacinto College, Morgan's Landing Master Planned Community and Houston Area Safety Council, close to Hwy 146 & Sens/Bay Area Boulevard. Close to Major Grocers: HEB and Walmart and many restuarants and retail
Property Taxes
| Parcel Number | 0231300000050 | Improvements Assessment | $0 |
| Land Assessment | $141,004 | Total Assessment | $141,004 |
Property Taxes
Parcel Number
0231300000050
Land Assessment
$141,004
Improvements Assessment
$0
Total Assessment
$141,004
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Spencer Hwy - Multi-Family Zoned 10.8 Acres on Spencer Hwy
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