Here's your chance to own a cleared lot that has already been re-platted into 2 separate lots ready for construction. These lots are unrestricted in use and will not violate deed restrictions with multi-unit development. Given the City of Houston's new Livable Places Ordinance the highest and best use calls for construction of multiple multi-unit dwellings (duplex, triplex, fourplex). This current replat design has been executed multiple times in the same neighborhood on similar size lot with improved new construction valued into $1M+ with multiple duplexes. Building multiple triplexes or fourplexes will allow for $1.4M+ improvement values. A recently completed survey is available, as well as Harris County recorded replat mylars. Sellers also have recently completed new construction appraisals available to share for prospective buyers.
Property Details
Property Features
Listing Office:
Office Name: The Kalu Group
Office Phone: (832) 930-4663
Listing Agent: Anthony Griffin
Lot Features
Lot Information:
Lot: Cleared, Subdivision
Lot Size: 0.29 Acres
Other
Directions Information:
Directions: From HWY 288 head south, Exit Reed Road turning East on Reed Road towards Cullen. Go through the Cullen and Jutland streetlights and the lot will be on the left across the street from Grimes Park.
Price Information
Listing Price Info
Price Summary:
List Price: $199,999
Tax Information:
Annual Amount: $1,058
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Houston, TX.
This property is $119.9K less than the Median Sold Price in Houston, TX.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: HAR
MLS Number: #55439164
Listing Office:
Office Name: The Kalu Group
Office Phone: (832) 930-4663
Listing Agent: Anthony Griffin
Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.
Last updated on: 11/24/2024, 7:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$1,058
$75,600
2020
$915
$44,100
2018
$956
$37,800
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Bastian Elementary School
5051 Bellfort St
Distance between this listing and this school0.69 miles
Public District Grades EE-5
4
/10
Mading Elementary STEM Academy
8511 Crestmont St
Distance between this listing and this school1.06 miles
Public District Grades EE-5
6
/10
Alcott Elementary School
5859 Bellfort St
Distance between this listing and this school1.09 miles
Public District Grades EE-5
Nearby Schools
1
/10
Pro-Vision Middle School
4590 Wilmington St
Distance between this listing and this school0.92 miles
Public Charter Grades 3-8
5
/10
Attucks Middle School
4330 Bellfort St
Distance between this listing and this school1.31 miles
Public District Grades 6-8
4
/10
Thomas Middle School
5655 Selinsky Rd
Distance between this listing and this school1.60 miles
Public District Grades 6-8
Nearby Schools
1
/10
The Pro-Vision Academy
4590 Wilmington St
Distance between this listing and this school0.92 miles
Public Charter Grades 9-12
4
/10
Jones Futures Academy
7414 St Lo Rd
Distance between this listing and this school1.14 miles
Public Magnet Grades 9-12
2
/10
Worthing High School
9215 Scott St
Distance between this listing and this school1.30 miles
The neighbors living near this home have an average income of $34,268. Typical income of Houston, TX residents is less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5129 Reed Rd
What is the listing price of this property?
The listing price of 5129 Reed Rd property is $199,999.
What type of property is this?
The property 5129 Reed Rd is land located in Houston, Texas, 77033.
Is this property for sale now?
Active Listing: 5129 Reed Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $1,058 (source: MLS/based on county public records data).
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This home is located at 5129 Reed Rd in Houston, TX and zip code 77033 in the Southeast Houston neighborhood. This home sits on a 0.29 acre lot. It has been listed on Rocket Homes since April 10, 2024 and is currently priced at $199,999.
In October 2024 more than 298 listings in Houston, TX were sold above the asking price. During the same period more than 429 listings were sold at asking price, while more than 1241 were sold below. The number of homes for sale in Houston, TX increased by 19% between September 2024 and October 2024. The median list price of listings available in October 2024 was $319,958, while the average time on the real estate market was 39 days.
From Rocket Homes Real Estate and based on county public records data.