7 months on rocket

5129 Reed Rd, Houston, TX, 77033

$199,999

0.29 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #55439164
Lot Size0.29 Acres
StatusActive

About 5129 Reed Rd

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
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Houston, TX.

Med. Sold Price

$319.9K

Med. Price/SqFt

$166

Avg. Days On Market

39

# of Sold Homes

1969

5129 Reed Rd vs Houston

227 DAYS ON ROCKET

+188 Days

$199,999

-$119.9K Less

KEY TAKEAWAY

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

Broker ReciprocityDisclaimer: 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”.

Copyright© 2024 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

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

YEARPROP. TAXASSESSMENT
2021$1,058$75,600
2020$915$44,100
2018$956$37,800

History based on county public records data.

Payment Calculator

$1,066

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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.

Nearby Schools

school-card-donut-1112435
5
/10
  • Bastian Elementary School

  • 5051 Bellfort St

  • 0.69 miles

  • Public District Grades EE-5

school-card-donut-1112436
4
/10
  • Mading Elementary STEM Academy

  • 8511 Crestmont St

  • 1.06 miles

  • Public District Grades EE-5

school-card-donut-1112437
6
/10
  • Alcott Elementary School

  • 5859 Bellfort St

  • 1.09 miles

  • Public District Grades EE-5

Neighborhood

What Are The Neighbors Like?

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).

How much acreage is this property?

The property 5129 Reed Rd is 0.29 acres.
Rocket Homes logo

Interested in 5129 Reed Rd? Let's connect.

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.


Rocket HomesTexasHarris CountyHouston770335129 Reed Rd

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.

More Resources