BuilderLots.com

This lot is located in the Museum District and perfect for your higher-end designs. This 6,875 square feet lot is 55' wide and 125' deep, giving you plenty of space.
Average sales in the area is $775K-810K, but it also goes all the way up to $1.2M. In fact, the 3 highest paid homes in the area ($1.1M, $1.13M and $1.195M) are all located exactly behind this property, and within the same distance to Almeda Rd as this one. Comps are available upon request.
Lots and teardowns in this same higher-priced pocket are selling for $80/sf and up. I am not including lots or new sales that are north of Blodgett St because new homes in that area don't sell as good (mid $600Ks) as in this pocket ($775K-1.2M). Comps for lots are also available upon request.
This lot is clear and ready to build, which will save you from demolition costs.
Here are the facts about this lot:
Address: DM for address.
Market Area: Museum District.
Subdivision: Southmore.
Lot Size: 6,875 SqFt.
Lot Dimensions: 55' x 125'.
Flood Zone?: No.
Survey: Buyer to order Survey.
Transaction Type: Assignment of contract.
Option Period: 10 days.
Closing Time: 4 weeks.
Suggested Product: 2 SFR.
Suggested Target Price: $775K - $1.2M.
Min Lot Size Restrictions: No special restrictions.
Building Line Restrictions: No special restrictions.
Priced at: $412,400 ($60/SqFt).
Please drive by ASAP and let me know if you're interested.
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As you may know, FlipHouston.com has recently changed its name to BuilderLots.com. As always, we will continue to serve our thousands of builders and investors with lots and tear-down opportunities in the Houston market. We strongly believe that our name change will allow us to expand into bigger markets, creating more business opportunities for our builders and investors.

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Regards,

Juan Pejoves
BuilderLots.com
Founder