$2,500,000
●
House -
For Sale
415 White Wing Lane
Houston, TX 77079
4 Beds
4 Baths,
3
Half Baths
7,556 Ft²
$16,610
Est. Monthly
About This Property
RARE MEMORIAL WEST ESTATE OPPORTUNITY! Create a legacy property on
approximately 3.71 acres in one of Memorial's most desirable
neighborhoods. Surrounded by mature trees and luxury residences,
this exceptional homesite offers privacy, prestige, and endless
possibilities. Restore the existing estate with its distinctive
architectural character or build a spectacular custom residence
designed to your vision.
Offered AS-IS and priced primarily for land value, the property provides a rare opportunity to create a private retreat featuring expansive outdoor living, gardens, guest accommodations, and exceptional entertaining spaces. With wide frontage, mature landscaping, and utilities already in place, this property is ideally located near premier schools, CityCentre, Memorial City, Beltway 8, and I-10.
Portfolio Opportunity: Adjacent parcels are also available, offering the potential to assemble a larger estate site rarely available in Memorial West.
Offered AS-IS and priced primarily for land value, the property provides a rare opportunity to create a private retreat featuring expansive outdoor living, gardens, guest accommodations, and exceptional entertaining spaces. With wide frontage, mature landscaping, and utilities already in place, this property is ideally located near premier schools, CityCentre, Memorial City, Beltway 8, and I-10.
Portfolio Opportunity: Adjacent parcels are also available, offering the potential to assemble a larger estate site rarely available in Memorial West.
Unit Size
7,556 Ft²
Days on Market
-
Land Size
3.71 acres
Price per sqft
$331
Property Type
House
Property Taxes
$4,335
HOA Dues
-
Year Built
1971
Listed By
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 13 days ago (HAR #52992211)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 10, 2026 | Listed by Trailview Realty | $2,500,000 | |
| Listed by Trailview Realty | |||
| May 9, 2026 | No longer available | - | |
| No longer available | |||
| Nov 8, 2025 | Listed by Walzel Properties - Corporate Office | $2,500,000 | |
| Listed by Walzel Properties - Corporate Office | |||
| | |||
|
Exceptional 3.03-acre tract in highly desirable Memorial West — an increasingly rare opportunity to build a signature estate or future development project. The property features an existing structure in poor condition, conveyed as-is and priced strictly for land value. Wide frontage, mature trees, and utilities on site offer an ideal foundation for new construction. Surrounded by luxury homes and premier schools, this location combines privacy with quick access to Beltway 8, I-10, and City Centre. Perfect for a custom builder or investor seeking a large, private setting in one of Houston’s most sought-after neighborhoods.
Also available: two adjacent parcels — 0.57 acre (MLS #42037118) and 0.63 acre (MLS #44422917) — which may be purchased individually or together as part of a combined 4.26-acre portfolio. Contact listing agent for details.
| |||
| May 2, 2024 | No longer available | - | |
| No longer available | |||
| Feb 20, 2023 | Listed by Vin Realty LLC | $3,700,000 | |
| Listed by Vin Realty LLC | |||
| | |||
|
• One of the biggest lot remaining in Memorial West.
• Great opportunity for DEVELOPER or BUILDER.
• All utilities provided via City of Houston.
• Private gate entry to the property.
• No HOA.
• Located just south Memorial Dr. with excellent access to Interstate 10 and Beltway 8.
• The property has 7,556 SF building. It’s being sold for lot value only.
| |||
Property Highlights
Interior Details
Half Bathrooms: 3
Full Bathrooms: 4
Exterior Details
Square Footage: 7556
Architectural Style: Colonial, Traditional
Year Built: 1971
Building Area Total: 7556
Construction Materials: Brick, Stone, Stucco, Wood Siding
Pool Features: In Ground
Pool is Private
Lot Features: Wooded, 2 Up to 5 Acres
Lot Size Area: 3.71
Lot Size Units: Acres
Lot Size Acres: 3.71
Lot Size Square Feet: 161607.6
Water Source: Public
Financial Details
Tax Annual Amount: $52,014
Utilities Details
Cooling Type: Electric
Heating Type: Natural Gas
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Westside
Similar Homes for Sale
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Listed by: Rashad Ajalov, Trailview Realty
Last Updated: 13 days ago
Data Source: HAR , MLS# 52992211
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Last Updated: 13 days ago
Data Source: HAR , MLS# 52992211
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