3
Map
5003 Indigo Street
About This Property
Don't miss this rare opportunity to own a large and beautiful residential lot in the highly sought-after Meyerland area of Houston. Situated on a desirable corner, this premium homesite offers the perfect canvas to build your custom dream home in one of Houston's most established and well-connected neighborhoods.
Enjoy an unbeatable location that is walkable to EOS Fitness, H-E-B, Target, Chick-fil-A, and a variety of popular shops, dining, and everyday conveniences. With easy access to major thoroughfares, top-rated schools, and local parks, this lot combines lifestyle and location in a way that's hard to beat.
Whether you're a builder, investor, or future homeowner, this is your chance to secure a prime piece of land in one of Houston's most vibrant communities.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2025 | Sold | ||
| Sold | |||
| Sep 5, 2025 | In contract | - | |
| In contract | |||
| Jul 9, 2025 | Listed by Camelot Realty Group | $550,000 | |
| Listed by Camelot Realty Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017