15
Map
$55,000
●
Land -
For Sale
5541 Crane Street
Houston, TX 77026
Studio
0 Bath
$336
Est. Monthly
About This Property
Build your vision on this spacious 7,402 sq ft cleared vacant lot
located in the established Kashmere Gardens neighborhood of
Houston. This corner lot offers endless potential, featuring mature
trees, great visibility, and easy access to nearby roads and
everyday conveniences.
This prime homesite provides a blank canvas for new construction, ideal for a custom single-family residence or investment build. Situated on a quiet street with no HOA restrictions, the property offers flexibility and freedom to design without limitations.
Conveniently located just minutes from Downtown Houston, major highways, and city amenities, this property combines accessibility with neighborhood charm. Whether you're a builder, investor, or future homeowner, this lot presents an excellent opportunity to capitalize on a growing area.
Don't miss your chance to secure a well-located inner-city corner lot with strong potential for new development.
This prime homesite provides a blank canvas for new construction, ideal for a custom single-family residence or investment build. Situated on a quiet street with no HOA restrictions, the property offers flexibility and freedom to design without limitations.
Conveniently located just minutes from Downtown Houston, major highways, and city amenities, this property combines accessibility with neighborhood charm. Whether you're a builder, investor, or future homeowner, this lot presents an excellent opportunity to capitalize on a growing area.
Don't miss your chance to secure a well-located inner-city corner lot with strong potential for new development.
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
Land
Property Taxes
$66
HOA Dues
-
Year Built
1949
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: 5 months ago (HAR #61474346)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 11, 2026 | Listed by Keller Williams Realty Metropolitan | $55,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
| Jan 1, 2026 | No longer available | - | |
| No longer available | |||
| Aug 12, 2025 | Price Decreased |
$65,000
↓ $20K
(23.5%) | |
| Price Decreased | |||
| Jul 1, 2025 | Listed by Real Broker, LLC | $85,000 | |
| Listed by Real Broker, LLC | |||
| | |||
|
Discover the perfect corner lot just 10 minutes from Downtown Houston! This partially cleared, vacant lot is ready for you to build your dream home with no HOA restrictions, giving you the freedom to design without limitations. Located on a quiet street, this prime corner location offers added flexibility for layout and access. Enjoy the convenience of being close to city amenities while having space and privacy.
| |||
Property Highlights
Exterior Details
Lot Features: Open Lot, 0 Up To 1/4 Acre, Sidewalks
Lot Size Area: 0.1699
Lot Size Units: Acres
Lot Size Acres: 0.1699
Lot Size Square Feet: 7400.844
Financial Details
Tax Annual Amount: $787
Utilities Details
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 Northeast Houston
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Listed by: Roberto Garza, Keller Williams Realty Metropolitan
Last Updated: 5 months ago
Data Source: HAR , MLS# 61474346
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Last Updated: 5 months ago
Data Source: HAR , MLS# 61474346
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