$99,900 Last Listed Price
●
Land -
Off Market
5222 East Freeway
Houston, TX 77020
Studio
0 Bath
$612
Est. Monthly
About This Property
LOCATION LOCATION LOCATION.... DEVELOPER, INVESTOR, BUILDER
OPPORTUNITY! Don't miss out on this Rare Opportunity to own a Prime
Piece of vacant land in a great location near the Heart of Houston!
Offering nearly 4,899 square feet of space, this versatile lot is
perfect for both Commercial and Residential Development. With close
proximity to downtown Houston, you'll have the city skyline as your
backdrop. The groundwork has been laid for you with both a Soil
Test and Topography Survey already completed. Imagine the potential
and bring your architectural dreams to life with this exceptional
find. Act now to secure this perfect location for your next
project! Ready for you to submit your plans to build townhomes,
office, warehouse, or retail. Future University light rail/BRT line
planned along Lockwood from East End to Tidwell. Come & Bring You
Imagination!
Unit Size
-
Days on Market
-
Land Size
0.11 acres
Price per sqft
-
Property Type
Land
Property Taxes
$121
HOA Dues
-
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 4 months ago (HAR #38381162)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 22, 2024 | Sold | ||
| Sold | |||
| Aug 10, 2024 | In contract | - | |
| In contract | |||
| May 31, 2024 | No longer available | - | |
| No longer available | |||
| May 30, 2024 | Listed by White House Global Properties | $99,900 | |
| Listed by White House Global Properties | |||
| | |||
|
LOCATION LOCATION LOCATION.... DEVELOPER, INVESTOR, BUILDER OPPORTUNITY! Don't miss out on this Rare Opportunity to own a Prime Piece of vacant land in a great location near the Heart of Houston! Offering nearly 4,899 square feet of space, this versatile lot is perfect for both Commercial and Residential Development. With close proximity to downtown Houston, you'll have the city skyline as your backdrop. The groundwork has been laid for you with both a Soil Test and Topography Survey already completed. Imagine the potential and bring your architectural dreams to life with this exceptional find. Act now to secure this perfect location for your next project! Ready for you to submit your plans to build townhomes, office, warehouse, or retail. Future University light rail/BRT line planned along Lockwood from East End to Tidwell. Come & Bring You Imagination!
| |||
| Jan 25, 2024 | Listed by White|House Global Properties | $149,990 | |
| Listed by White|House Global Properties | |||
| | |||
|
LOCATION LOCATION LOCATION….DEVELOPER, INVESTOR, BUILDER OPPORTUNITY! GREAT LOT JUST OFF OF EAST FWY. CLOSE TO DOWNTOWN! With City Skyline Views! A Rare Find. Great RESIDENTIAL/COMMERCIAL lot directly on IH-10 feeder. Lot has both soil test and topography survey already completed! Ready for you to submit your plans to build townhomes, office, warehouse, or retail. Future University light rail/BRT line planned along Lockwood from East End to Tidwell. Come & Bring You Imagination!
| |||
Property Highlights
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 Northeast Houston
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Angelica Smart, White House Global Properties
Last Updated: 4 months ago
Data Source: HAR , MLS# 38381162
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any
purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Last Updated: 4 months ago
Data Source: HAR , MLS# 38381162
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017