$1,633,500
●
Land -
For Sale
5015 Schurmier Road
Houston, TX 77048
Studio
0 Bath
$9,564
Est. Monthly
About This Property
Cortinas CRE is pleased to exclusively present 5015 Schurmier Road,
a ±5.00-acre tract located in southeast Houston. The property
offers a well-positioned opportunity for users, investors, and
developers seeking land in an established and growing area of the
Houston market. The site provides convenient access to Highway 288,
Beltway 8, and Interstate 45, connecting the property to Downtown
Houston, the Texas Medical Center, Pearland, and surrounding
communities. Its location along Schurmier Road provides
accessibility while benefiting from continued development
throughout the surrounding southeast Houston area. With
approximately 5 acres of land, the property provides a manageable
footprint suitable for a variety of potential commercial,
industrial, or investment applications. 5015 Schurmier Road offers
an opportunity to secure strategically located land with strong
regional connectivity and proximity to major Houston employment and
industrial centers.
Unit Size
-
Days on Market
-
Land Size
5.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$1,543
HOA Dues
-
Year Built
-
Listed By
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Cap Rate
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: 2 months ago (HAR #67954454)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 1, 2026 | Listed by Premier, REALTORS | $1,633,500 | |
| Listed by Premier, REALTORS | |||
| May 29, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jan 20, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jan 19, 2026 | Listed by BlueRoof Real Estate | $1,475,000 | |
| Listed by BlueRoof Real Estate | |||
   | |||
|
Sitting right behind South Belt Central Business Park, this 5-acre unrestricted lot is your chance to secure a high-growth investment in one of the fastest-developing areas near Beltway 8, Highway 288, the Medical Center, and Downtown Houston. Whether you’re planning commercial, industrial, or residential development, this property offers unmatched flexibility with 210 feet of road frontage for maximum visibility. Positioned in a major economic corridor with recent road improvements for enhanced accessibility, this location is perfect for business expansion, multi-family projects, warehouse space, or a custom development. The potential here is limitless—secure your spot in this high-demand area before it’s gone!
| |||
| Jan 14, 2026 | Withdrawn | - | |
| Withdrawn | |||
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Property Highlights
Exterior Details
Lot Features: Other, 5 Up to 10 Acres
Lot Size Area: 5
Lot Size Units: Acres
Lot Size Acres: 5
Lot Size Square Feet: 217800
Water Source: Other
Financial Details
Tax Annual Amount: $18,515
Utilities Details
Sewer : Other
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
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Sold On
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HOA + Taxes
About Southeast Houston
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Listed by: Julian Cortinas, Premier, REALTORS
Last Updated: 2 months ago
Data Source: HAR , MLS# 67954454
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Last Updated: 2 months ago
Data Source: HAR , MLS# 67954454
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