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3.14-Acre City Block Near Med Center 2 Properties Offered at $3,250,000 in Houston, TX
Investment Highlights
- 3.14-acre entire city block in prime inner-city location
- Minutes to Texas Medical Center, across from Rice Annex
- Includes pool, pond, shop, storage, and 15-car covered parking
- 5 homes + guest house with existing income stream
- Fully fenced with 10 automatic gates for controlled access
- Flexible use: housing, business, or redevelopment | Never flooded
Executive Summary
Discover a rare opportunity to own an entire city block that took generations to assemble. Once a private school & now short-term housing for medical patients. Consisting of 5 homes, guest house, repair shop, large storage building, pool, pond & central park just minutes from Houston’s renowned Texas Medical Center. Spanning 3.14 acres this one-of-a-kind property offers space, privacy & convenience in the heart of the city. Peaceful setting w/exceptional flexibility for continued housing/personal use, business operations or future redevelopment. The 4 rental homes were remodeled down to the studs in 2010. The owner’s residence was remodeled in 2005 & features expansive style design & large entertainment area. Entire block is fully enclosed w/privacy fence & 10 automatic gates. Located in Willow Meadows known for quiet streets & strong community. Unimpeded access to Main St, 610, Beltway 8 & Fort Bend Tollway. Across from Rice University South Annex. NEVER flooded, NOT in a flood zone
Property Facts
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 11620 Old Main Street Loop Rd, Houston, TX 77025 | Land | 3.14 AC | - | - |
| 11503 Craighead Dr, Houston, TX 77025 | Specialty | 1,608 SF | 1945 | - |
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3.14-Acre City Block Near Med Center
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